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Algeria's raised Saharan Blend oil price to Venezuela

PARIS/LONDON
Petroleumworld.com, Oct 31, 2014

Algeria raised its oil price for November to the highest in five months after adding Venezuela , fellow OPEC member and holder of the world's largest crude reserves, to the list of its mostly European customers. - story

Why oil prices went down 29% and why OPEC is to blame

NEW YORK
Petroleumworld.com, Oct 30, 2014

The reasons oil prices started sliding in June were hiding in plain sight: growth in U.S. production, sputtering demand from Europe and China , Mideast violence that threatened to disrupt supplies and never did. - story


Lagniappe


John Nagl : Get ready for Iraq war IV

 

 

Sara Schaffer and Ezequiel Minaya:
Venezuela vulnerable to oil's fall

 

 

 


Editor's Mail

We invite all our readers to share with us their views
and comments about the articles on this site.


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OIL PRICES:
Updated:Oct 31, 2014 08:51 GMT

10/30 OPEC Basket: $82.79

10/24 Venezuela Basket:* $75.90

10/24 Venezuela Basket:** $94.15

10/30 Mexico Basket: $77.30

10/30 NYMEX Natural Gas:
$3.827

10/30 ICE BRENT: $86.24 NYMEX WTI: $81.12

10/30 (Parallel Transf*) BsF/US 102.00 -BsF/€128.00

10/31 FX 1 Euro=$1.2567 US dollars 08:50 GMT

Closing daily prices / average weekly price*

** Average price for 2014 / *Average Cucuta's price.



WEEKS' HEADLINES

PDVSA and Hess selling 350.000 bpd
St. Croix Hovensa refinery to Atlantic


HOVENSA, located on St. Croix, U.S. Virgin Islands, is one of the largest and most modern oil refineries in the world

HOUSTON
Petroleumworld.com, Oct 29, 2014
- story

PDVSA's crude imports show Venezuela's
picks pragmatism over politics


Eulogio Del Pino, PDVSA CEO

CARACAS/HOUSTON
Petroleumworld.com, Oct 28, 2014
- story

Brazil elections: Rousseff narrowly wins re-election in Brazil

REUTERS/Paulo Whitaker

Brazil's President and Workers' Party (PT) presidential candidate Dilma Rousseff gestures to photographers after voting in the runoff election in Porto Alegre October 26, 2014.

SAO PAULO/BRASILIA
Petroleumworld.com, Oct 27, 2014
- story

China scores cheap colombian oil as glut deepens

Bloomberg/Paul Smith

An employee drives a golf cart at the Ecopetrol SA oil refinery in Cartagena, Colombia. Colombian oil output increased about 10 percent since 2011 and the nation is seeking sales in Asia to compensate for the weakening in short-haul exports as U.S. production increases, said Bernard Leung, a Bloomberg oil strategist in Singapore.

SHANGHAI
Petroleumworld.com, Oct 24, 2014
- story

Brazil elections: Vote is still too close to call


Even if Rousseff has widened her numerical lead to four percentage points, the difference is still within the poll's margin of error of +/- 2 percentage points.

MONTEVIDEO
Petroleumworld.com, Oct 26, 2014
- story

Petrobras scandal revelations rock Brazilian elections


Paulo Roberto Costa, the former refinery chief for Brazil's Petroleo Brasileiro SA who was arrested as part of a money-laundering investigation.

RIO DE JANEIRO
Petroleumworld.com, Oct 23, 2014
- story

Total's Margerie a deal-maker and risk-taker

 

PARIS
Petroleumworld.com, Oct 22, 2014
- story

Pacific Rubiales to invest in mexican oil ventures

BOGOTA
Petroleumworld.com, Oct 21, 2014
- story

Venezuela's PetroCaribe to end - Prof. Bryan

PORT SPAIN
Petroleumworld.com, Oct 20, 2014
- story

 

 

Trinidad &Tobago Brazil


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Pan American Mature
Fields Congress,
Jan 20 - 22, 2015



Mexico Gas Congress
February 24-26, 2015





WGC Paris, June, 2015
ow.ly/ziUh0

LAGNIAPPE

Joe Nocera: Putin
shows his hand

Institute of the Americas:
The other side of the river:
Colombia: energy, enviroment and communities

Javier Solana:
Grave new world

Paul M. Barret: The fall
of the house of Boggs

Bruce R. Magid :
Business Schools:
You can't afford to ignore
Latin America anymore

Andrew J. Bacevich:
Obama is picking his
targets in Iraq and Syria
while missing the point

Jeff Fick : Brazil:
subsalt oil
development begins
to make progress



The Gas Industry
in Venezuela

by The National
Engineering Academy
(Spanish)


EDITOR'S MAIL

Venezuela risks
default if Chavez
wins

Suggestions,
collaborations are
welcome write to us :
editor@
petroleumworld.com


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Editor & Publisher:Elio Ohep F./Contact Email: editor@petroleumworld.com

Contact: editor@petroleumworld.com/ phone: Office (58 212) 635 7252,
or Cel (58 412) 996 3730 / (58 414) 276 3041 / (58  412) 952 5301


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