Venezuelan oil extends its rally, climbs to USD 98.02
The Venezuelan oil basket pooled eight weeks with downward prices
Venezuelan Ministry of Petroleum and Mining reported that Venezuelan oil averaged USD 98.02 per barrel the week of December 17-21, 2012.
The price recovered for the first time after eight weeks in a row down the hill. Last week, it finished at USD 95.64 per barrel.
Three Venezuelans and five Trinidadians will stand trial on January 26 under the suspicion of being involved in alleged Muslim terrorist activities in Venezuela. After nine months in prison, the defendants will appear in court to face charges of terrorism brought against them by the Attorney General Office.