Venezuelan oil basket climbs to USD 101.31 per barrel
The average oil basket jumped USD 0.75 in relation to last week, and hit USD 101.14 per barrel so far this year
Based on information released on the website of the Ministry of Petroleum and Mining, the oil price was determined by "positive indicators of the Chinese and European economies. The increase is also attributed to a drop in the value of the US dollar with respect to other currencies."
Upon this week's results, the Venezuelan oil basket yearly average price stands at USD 101.14 per barrel.
With reporting by Ender Marcano
Translated by Jhean Cabrera
A week into the beginning of the school year at the República del Ecuador school, in the San Martín neighborhood (downtown Caracas), and classes are taught only until 10 am. Thieves who broke into the school this summer caused major damage when they stole copper wiring and air-conditioning units, resulting in a power outage leaving classrooms in the dark(especially preschool classrooms, which are affected the most).