ESPACIO PUBLICITARIO
CARACAS, Friday December 21, 2012 | Update
 
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HYDROCARBONS | Last week, it was at USD 95.64

Venezuelan oil extends its rally, climbs to USD 98.02

The Venezuelan oil basket pooled eight weeks with downward prices

Last week, it finished at USD 95.64 per barrel (File photo)
EL UNIVERSAL
Friday December 21, 2012  12:04 PM

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.
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A group of some 60 Venezuelan economists from across the country and from different generations and backgrounds, has met regularly in the past couple of years and now has brought forth a document explaining the reasons of the current emergency and outlining specific proposals on how to address the serious economic crisis the country has plunged into over the last three years.

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