The United States has announced plans to maintain indefinite control over sanctioned Venezuelan oil sales as Washington prepares to ease restrictions on the South American nation’s crude exports to global
The United States has announced plans to maintain indefinite control over sanctioned Venezuelan oil sales as Washington prepares to ease restrictions on the South American nation’s crude exports to global
Oil prices are set for a slide back into the mid to high $50s this year as swelling supplies collide with sluggish global growth, according to analysts at Morgan Stanley.
Defence shares struck a high note at the open in London, powering to the top of the leaderboard and standing out as some of the strongest performers on the FTSE
Oil prices extended their decline after the removal of Nicolas Maduro opened the door for Venezuela to revive its battered crude industry and potentially bring more supply onto global markets.
The Venezuelan oil sector has languished for years under the weight of chronic underinvestment, deteriorating infrastructure and endemic corruption. Following recent military action in Caracas that resulted in the detention