Trump and Venezuela's oil: what does the "historic" agreement giving the U.S. access to 65 billion barrels mean?

Trump and Venezuela’s oil: what does the “historic” agreement giving the U.S. access to 65 billion barrels mean?

The oil agreement between Venezuela and the United States opens the door to a multimillion-dollar capital injection to recover an industry hit by years of deterioration. However, analysts warn that turning Venezuela’s huge reserves into increased production will depend on sustained investments, legal security, and strong institutions.

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The dollar closes at S/3.37 amid higher local demand and tension in global markets

The dollar closes at S/3.37 amid higher local demand and tension in global markets

The price of the dollar in Peru closed today’s session at S/3.371, above the previous close of S/3.358, in a day in which the sol recorded the worst performance among the main currencies in the region. The upward pressure responded to a clear net demand for dollars from local agents, with a high of S/3.375 and a traded flow of US$465.5 million.

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