Venezuelan oil basket ends at USD 103.46 in 2012
Domestic oil basket climbed USD 1.23 and finished at USD 99.25 this week
"Oil prices ended upwards the last week of 2012. The release of positive results in relation with the US economy, despite uncertainty over US budgetary issues, contributed to such performance."
Upon the results, the Venezuelan oil basket's averages USD 103.46 per barrel this year, a USD 53.46 surplus in view of the benchmark (USD 50) budgeted for fiscal year 2012.
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.