After suffering an economic collapse, Venezuela's economy is showing signs of recovery due to a resurgence in its oil industry. With assistance from allies Russia, China, and Iran, Venezuela has ...

(Bloomberg) -- One of the key reasons Venezuela’s economy is slowly recovering from the worst collapse in modern history is an oil giant 2,200 miles away: Chevron Corp. The Houston-based company, ...

The price of oil is one of the most closely watched economic trends in the world. It affects the economies of every nation, ...

Biden administration has loosened sanctions on Venezuela's petroleum industry to alleviate the US's dependency on foreign oil. U.S. sanctions and mismanagement of Venezuela's petroleum industry have ...

CARACAS, Jan 15 (Reuters) - Venezuela's economy grew more than 5% in 2023 and growth will reach 8% this year, President Nicolas Maduro said on Monday during his annual address to the government-allied ...

MARACAIBO, Venezuela (AP) — Erick Ojeda has no money. He returned to land almost empty-handed from an overnight trip fishing for shrimp. His sister and her newborn are waiting for him to pick them up ...

MARACAIBO, Venezuela — Erick Ojeda has no money. He returned to land almost empty-handed from an overnight trip fishing for shrimp. His sister and her newborn are waiting for him to pick them up from ...