UPI Related News
MIAMI, Nov. 6 (UPI) -- Venezuela has notified petroleum customers that production levels would be cut to counter falling oil prices, part of OPEC's agreement to reduce production across the board to counter falling oil prices worldwide.
Venezuelan President Hugo Chavez is headed to China to discuss bolstering trade ties with oil-hungry Beijing.
MIAMI, May 7 (UPI) -- China is reportedly preparing to sign a new petroleum deal with Venezuela, this time pledging to invest $2 billion in Venezuela's oil industry.
WASHINGTON, Jan. 16 (UPI) -- New reports on Iraq oil production find it flat, possibly decreasing, dampening expectations the sector was steadily advancing in the final months of 2007.
MIAMI, Oct. 24 (UPI) -- Venezuelan oil exports to China are on the rise at the same time sales to the United States are on the decline, the U.S. Department of Energy reported.