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Venezuela banks $300M from first U.S. brokered oil sale
January 21st, 2026 - 10:03 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Venezuela banks $300M from first U.S. brokered oil sale

ALBAWABA- Venezuela has received $300 million in oil revenue from a U.S. facilitated crude sale, interim president Delcy Rodríguez announced on Tuesday, marking the first funds to flow under an oil agreement arranged after the kidnapping of President Nicolás Maduro earlier this month. Rodríguez said the funds, part of an expected $500 million in proceeds from U.S. sales of Venezuelan crude, will be channeled into the foreign exchange market through national ...
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With the oil cartels market share of the world’s production now tumbling below one-third, there are signs Opec’s significance in global markets is waning.
September 17th, 2019 - 12:30 GMT

What Will Happen to Oil Markets After the Attacks on Saudi Facilities?

Despite the challenges ahead, the government has been able to raise the bar significantly.
September 17th, 2019 - 12:00 GMT

Imran Khan's Top Priority: Reviving Pakistan's Economy

The total remittances of Jordanian expatriates increased by 1.6 per cent by the end of April to $1.202 million
September 17th, 2019 - 11:30 GMT

Jordan’s Tourism Revenue Hits $3.9 Billion In First 8 Months of 2019

Over the last two years, more than 600 expat nurses have been replaced
September 17th, 2019 - 11:00 GMT

Over 250 Expats Replaced By Nationals in Oman’s Health Sector

a drone approaching vital installations in the country is a very serious development
September 17th, 2019 - 10:30 GMT

Kuwait Mulls Beefing up Security Measure After Drone Breach

World Bank urges Beijing to open markets and reduce subsidies and government involvement in technology industries
September 17th, 2019 - 10:00 GMT

World Bank Urges China to Roll Back Plans for Tech Industries

Ankara and neighboring Iran needed to keep working to raise their bilateral trade to a target of $30 billion
September 17th, 2019 - 09:00 GMT

Iran, Turkey to Expand Trade via National Currencies

Between 2006 and 2019, €555 million ($604.8 million) has been allocated for projects under the aid program.
September 17th, 2019 - 07:30 GMT

EU Adopts $38.5 Million Annual Program for Turkish Cypriot

Sudan imports more than 4,000 commodities from different countries, mainly China and Egypt.
September 17th, 2019 - 07:00 GMT

Sudan’s Producers, Manufacturers to Stop Exporting Raw Material After 3 Months

Prices are likely to break out of the current $55-65 a barrel options range, to test the high of $70s as currently supported by fundamentals
September 17th, 2019 - 06:30 GMT

Oil May Hit $75 Level If Saudi Outage Prolongs for More Than Six Weeks

2020 show would be more important than ever for the UAE’s hotel, restaurant and catering professionals
September 17th, 2019 - 06:00 GMT

UAE Retail Sector Value to Exceed $71 Billion by 2021

Iraq partly fills its power shortages by importing both electricity and natural gas from Iran.
September 16th, 2019 - 01:00 GMT

Iraq, GCCIA Sign Deals to Transmit Electricity

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