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Posts related to ‘Venezuela’

World currency

Venezuelan Currency Devaluation Hits Consumer Goods, Oil

Posted: February 11, 2013 at 1:06 pm

The effects of last week’s surprise devaluation of Venezuela’s currency are already hitting some U.S. firms. Colgate-Palmolive Co. (NYSE: CL) said this morning that it will take a $120 million ...
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Harvest Sells Venezuelan Assets — What’s Left? (HNR)

Posted: June 22, 2012 at 8:50 am

Independent oil & gas company Harvest Natural Resources Inc. (NYSE: HNR) today announced the sale of its Venezuelan assets to Pertamina, the national oil company of Indonesia, for $725 million ...
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Venezuela: $200 Oil

Posted: February 7, 2011 at 6:09 am

The oil minister of Venezuela, Rafael Ramirez, said a shutdown of the Suez Canal could push oil prices above $200. "There is sufficient oil (in the market) and there have been no ...
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