ESPACIO PUBLICITARIO
CARACAS, Friday January 25, 2013 | Update
 
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HYDROCARBONS

Venezuelan oil basket rebounds to USD 103.16

The Venezuelan annual oil basket price averages USD 101.73 per barrel

The oil basket jumped almost two dollars with respect to last week (File photo)
EL UNIVERSAL
Friday January 25, 2013  12:24 PM
Venezuelan oil basket ended this week at USD 103.16 per barrel, jumping almost two dollars with respect to last week, when the oil basket averaged USD 101.25 per barrel, the Ministry of Petroleum and Mining informed on Friday. 

"Most oil prices went down this week amid concerns over the global economy. However, geopolitical tensions in the Middle East and North Africa, as well as the release of positive economic indicators in the United States and China supported the market," the ministry said. 

In the wake of the results obtained this week, the Venezuelan yearly oil basket price averages USD 101.73 per barrel.

Translated by Jhean Cabrera
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María Fernanda Astudillo is a store analyst for Alimentos Polar working at the company's facilities in La Yaguara. At only 23 years of age, she has made a career in that company where she has worked for the last six years. Now, besides her responsibilities, which include overseeing shipping/receiving and warehousing of goods, she is taking part in the roundtable discussions among the other companies operating in the La Yaguara industrial park, the Government and the workers exploring possible ways of coping with the order to expropriate the land.

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