CARACAS, Friday January 25, 2013 | Update

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)
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
Whose victim am I?

They are marching in step to the same tune. There is a coordinated effort to position the idea. The Twitter hashtag  #YoSoyVictimaDeLaGuarimba (I'm a victim of "guarimbas", or protest barricades) can be read on all pro-government Twitter accounts, including those of the ruling United Socialist Party of Venezuela (PSUV), the National Assembly's Press Office, the state-run food distribution network PDVAL, state airline Conviasa, the Venezuelan embassies in foreign countries, radio stations and the huge media network responsive to the Government's interests and messages.

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