ESPACIO PUBLICITARIO
CARACAS, Friday December 21, 2012 | Update
 
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HYDROCARBONS | Last week, it was at USD 95.64

Venezuelan oil extends its rally, climbs to USD 98.02

The Venezuelan oil basket pooled eight weeks with downward prices

Last week, it finished at USD 95.64 per barrel (File photo)
EL UNIVERSAL
Friday December 21, 2012  12:04 PM

Venezuelan Ministry of Petroleum and Mining reported that Venezuelan oil averaged USD 98.02 per barrel the week of December 17-21, 2012.

The price recovered for the first time after eight weeks in a row down the hill. Last week, it finished at USD 95.64 per barrel.
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Non-stop extraction of mineral riches

Oil and gas; gold and diamonds; coltan, coal, iron, bauxite, copper: the Venezuelan economy is extractive, as it relies on taking mineral substances from the earth for sale or trade.

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