Venezuelan oil closes the week and stands at $ 67.96 | In the agenda



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  Photo: Archive

Photo: Archive

2001.com.ve | EFE

The price of a barrel of Venezuelan crude closed this week at 460.10 yuan (67.96 dollars) against 443.46 yuan (66.08 dollars), between 16 and 20 of this month, reported today Ministry of Petroleum .

In response to the financial sanctions of United States against certain government officials of Nicolás Maduro the executive announced last September that it was ceasing to 39, use the dollar as the reference currency, which is why he began to offer the price of oil in the Chinese currency.

The change applied by Venezuela for the calculation offered this Friday is 6.77 yuan for one dollar, while last week it was 6.71 yuan per US currency.

The department also reported the increase of the other three baskets.

of Organization of the Petroleum Exporting Countries (OPEC) rose from 71.04 dollars to 72.38, the Texas Intermediate from 69.07 dollars to 70.43 and that of Brent from 72, 96 dollars to 73.61

Venezuela became the third largest producer of OPEC but after the problems encountered his industry came to occupy the eighth among the fifteen members, with 4.15% of the total volume of oil produced by the cartel in June.

As reported on 14 July by the Governor of Venezuela before OPEC, Ángel González the country succeeded in "Crude Oil and says that it pumps 1,570,000 barrels per

Studies claim that the Orinoco Oil Belt has about 300,000 million barrels of oil, making this host region the largest proven reserves in the world.

2018-07-27

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