Venezuelan oil down to USD 107.09 per barrel
The Venezuelan oil basket reported a USD 1.66 drop per barrel in February 18-22
The result represents a 1.5% drop (USD 1.66) in the oil price per barrel after four weeks of soaring prices.
A shipment of over 30,000 tons of phosphate arrived at Puerto Cabello port in late July on board the Shi Long Ling, a Chinese-flagged vessel that began its long journey in northern Africa. The cargo boat docked on July 26 after traveling more than 3,200 nautical miles. Undoubtedly, this would just be considered one in many cargo ships crisscrossing the oceans if it were not for the fact that Venezuela has denounced Western Sahara occupation by Morocco and yet purchases the territory's natural resource products from the occupying power.