Oil Price Crash Could Lead to Emergency OPEC Meeting

There has been a big oil price crash over the last few months.

Thanks to a worldwide supply glut and weakening Chinese economy, crude...

Venezuela Eyeing $10 Billion Sale of Citgo to Counter Economic Woes

Facing rampant inflation and a shortage of dollars, Venezuela's state-owned oil company, Petróleos de Venezuela SA (PDVSA),...

Which One of These Losers Will Run Out of Money First?

After a surprisingly comfortable re-election, Venezuela has decided to stick with Hugo Chavez and all that comes with him.

That has...

Mideast Crisis and Higher Oil Prices Could Pour Profit into Venezuela's Economy

Libya turmoil continued this week as Col. Moammar Gadhafi's troops tried to chase rebel forces out of cities housing key oil facilities. The...

China Deepens Ties with Iran and Venezuela In Spite of U.S. Consternation

Just as the United States makes an impassioned push for tougher economic sanctions on Iran, China is reportedly increasing its gas exports to...

Putin Wins Chavez Loses: A Net Win for Oil Investors

By Martin Hutchinson Contributing Editor Russian president Vladmir Putin's United Russia party won 64% of the vote in Sunday's elections, while...

'Axis of Unity' Provides Dollar Dissent at OPEC Summit

By Jason Simpkins Associate Editor Iran and Venezuela reignited debate over the U.S. dollar at an OPEC (Organization of Petroleum Exporting...

Iran-Venezuela Partnership Presents New Challenges in the Global Oil Sector

Just weeks after two U.S. oil giants were forced out of Venezuela, Venezuelan President Hugo Chavez and Mahmoud Ahmadinejad, President of Iran, ...

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