Oil basket shrinks USD 1.18 in a week
Venezuelan oil basket closed at USD 96.38 per barrel this week
Venezuelan oil basket closed at USD 96.38 per barrel this week, slipping USD 1.18, Venezuela's Ministry of Petroleum and Mining reported.
"This week, crude oil prices were impacted by persistent uncertainty over the global economy and its effects on oil demand, higher commercial inventories in the United States, and a stronger US dollar versus the euro," the ministry informed.
The yearly oil basket averages USD 104.45 per barrel.
Translated by Jhean Cabrera
Around 1.5 million Venezuelans have decided to emigrate in search of a better future for their families. The figure accounts to between 4% and 6% of the overall population. Approximately 88% of these expatriates have made up their mind to emigrate over the last 15 years.