Venezuelan oil basket opens 2013 above USD 100
The Ministry of Petroleum and Mining reported that in the week of December 31, 2012 to January 4, 2013, the Venezuelan oil basket price ended at USD 100.56 a barrel.
"Optimism about the US tax deal and favorable signs from China's economy shored up oil prices during the first week of the year," the ministry said in a press release.
Around 1.5 million Venezuelans have decided to emigrate in search of a better future for their families. The figure accounts to between 4% and 6% of the overall population. Approximately 88% of these expatriates have made up their mind to emigrate over the last 15 years.