Introduction The leaders of Guyana and Venezuela recently convened in St. Vincent and the Grenadines to address a long-standing territorial dispute. The tension escalated after Venezuelans voted in a referendum to claim two-thirds of their smaller neighbor, which is abundant in oil and minerals. Regional partners pushed for this meeting, which was attended by Guyanese President … [Read more...] about Territorial Dispute between Guyana and Venezuela
Venezuela
Oil Futures Edge Higher on Talks of Easing U.S. Sanctions on Venezuela
Oil futures showed signs of recovery on Tuesday following a slight decline in the previous session. The downward trend was triggered by ongoing discussions regarding potential concessions on U.S. sanctions related to crude exports from Venezuela. Price Action West Texas Intermediate crude for November delivery rose by 33 cents, or 0.4%, to $86.99 a barrel on the New York … [Read more...] about Oil Futures Edge Higher on Talks of Easing U.S. Sanctions on Venezuela
