ESPACIO PUBLICITARIO
CARACAS, Friday November 02, 2012 | Update
 
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OIL | From USD 98.11 last week

Venezuelan oil basket down 0.56% to USD 97.56

As hurricane Sandy hit the United States, crude oil demand declined, along with oil prices. The Venezuelan oil basket slipped USD 55 cents

EL UNIVERSAL
Friday November 02, 2012  03:59 PM
The Venezuelan oil basket ended at USD 97.56 per barrel this week, slipping USD 55 cents (0.56%), the Ministry of Petroleum and Mining reported.

Most crude oil prices declined as hurricane Sandy lashed out at the US east coast this week. Since refineries were shut down, crude oil demand fell.

Despite this week's decline in oil prices, the Ministry of Petroleum and Mining did not report variations in the annual average price of the Venezuelan crude oil, which remained unchanged at USD 104.79 per barrel.

With reporting by Ender Marcano
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Is protest over?

That political protest in Venezuela has lost momentum seems pretty obvious: people are no longer building barricades to block off streets near Plaza Francia in Altamira (eastern Caracas), an anti-government stronghold; no new images have been shown of brave and dashing protesters with bandanna-covered faces clashing with the National Guard in San Cristóbal, in the western state of Táchira; and those who dreamed of a horde of "Gochos" (Tachirans) descending  in an avalanche to stir up revolt in Caracas have been left with no option but to wake up to reality.

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