ESPACIO PUBLICITARIO
CARACAS, Friday November 30, 2012 | Update
 
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HYDROCARBONS

Venezuelan oil basket slumps USD 97.10

The Venezuelan crude oil shed five cents

In the week of November 26-30, the Venezuelan oil price slid a bit (File photo)
EL UNIVERSAL
Friday November 30, 2012  12:24 PM

The Ministry of Petroleum and Mining has reported that the Venezuelan oil basket slipped back five cents (0.05%) from USD 97.15 last week.

The Ministry posted on its Tweeter account that during the week the prices of hydrocarbons were virtually steady, as the market focused its attention on the agreement on the financial aid to Greece and the talks at the US Congress to prevent the so-called fiscal precipice.

To date, the Venezuelan oil basket averages USD 103.95 per barrel.
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The end of a cycle

Hundreds of thousands of demonstrators took to the streets of Brazil on March 13 to demand the ouster of embattled President Dilma Rousseff, carrying banners expressing anger at bribery scandals and economic woes. A banner read "We don't want a new Venezuela in Brazil."

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