Venezuela oil price falls below $40
oil price
Caracas - MENA
The price Venezuela receives for its mix of medium and heavy oil fell back below $40 as markets and oil prices around the world collapsed on a surprise decision to leave the European Union by the UK, Latin American Herald Tribune reported.
According to figures released by the Venezuela Ministry of Petroleum and Mining, the average price of Venezuelan crude sold by Petroleos de Venezuela S.A. (PDVSA) during the week ending July 1 was $39.75, down 41 cents from the previous week's $40.16.
According to Venezuelan government figures, the average price in 2016 for Venezuela's mix of heavy and medium crude is now $31.15 for the year to date.
Venezuela's average oil price for 2015 was $44.65, down from 2014's $88.42, below 2013's $98.08, 2012's $103.42 and 2011's $101.06, 2010's $72.43, and even 2009’s average price of $57.01.
The United States is the largest importer of Venezuela’s oil exports.
GMT 17:17 2016 Wednesday ,03 August
Kuwait Oil Price Down USD 1.05 to USD 36.97 per barrelGMT 18:52 2016 Tuesday ,02 August
Kuwait Oil Price Up 61 Cents to USD 38.02 per barrelGMT 19:40 2016 Thursday ,21 July
Kuwaiti Oil Price Up 3 Cents to USD 41GMT 20:31 2016 Wednesday ,20 July
Kuwaiti Oil Down 94 Cents to USD 40.97GMT 19:05 2016 Tuesday ,19 July
Kuwaiti Oil Price Rises 45 Cents to USD 41.91 per barrel
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 05:09 2024 Tuesday ,06 February
The Saudi-led Arab Coalition Forces have targeted a meeting of Houthi commanders in Beit Al Faqih, Hodeidah, killing scores of the
GMT 16:17 2018 Thursday ,30 August
Five Saudi women pilots granted GACA licences
GMT 14:01 2018 Thursday ,30 August
Expat with rare heart disorder gets life-saving surgery
GMT 22:26 2015 Sunday ,02 August
Kelli Giddish of 'Law & Order' married and pregnant
GMT 23:35 2017 Wednesday ,11 October
EUPOL COPPS appoints new EU head of the police mission
GMT 23:19 2017 Wednesday ,27 September
Iran big obstacle to regional peace
GMT 09:40 2017 Monday ,08 May
ADX launches New York roadshow
GMT 13:55 2011 Saturday ,18 June
American output picks up
GMT 09:23 2016 Thursday ,11 February
Paris, Frankfurt stocks markets dip more than 3%GMT 13:44 2013 Sunday ,28 April
Egyptian information chief resigns
GMT 18:32 2017 Sunday ,05 March
Strikes kill 11 civilians in Syria as tens of thousands flee clashes with DaeshGMT 05:27 2012 Friday ,04 May
\'Almost Invisible\': new poems from mark strandGMT 14:08 2012 Monday ,06 February
Spark tablet runs Linux
GMT 14:27 2017 Thursday ,24 August
Rising tennis stars in the US Open spotlight
GMT 03:11 2017 Sunday ,29 January
OPEC daily basket price stood at $52.91 a barrel Thursday, 26GMT 03:03 2012 Friday ,27 April
10 unusual winter travel destinationsGMT 15:44 2012 Sunday ,02 December
Store sells solid gold tree
GMT 16:48 2017 Tuesday ,17 October
HRH Premier receives outgoing Iraqi ambassador
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor