Value of Venezuela’s exports to grow 17% in 2026, driven by higher prices

ECLAC estimates that Venezuela’s goods exports will reach $29.146 billion, while imports will decline 11% in value. The country’s terms of trade are expected to improve by 23%, the second-largest increase in Latin America and the Caribbean. The Daily Journal — The value of Venezuela’s goods exports is expected to grow 17% in 2026, reaching […]

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Venezuela to see one of Latin America’s largest improvements in terms of trade in 2026, ECLAC says

The organization forecasts a 23% increase for Venezuela, the second-highest in Latin America and the Caribbean, amid rising international commodity and hydrocarbon prices. The Daily Journal — Venezuela will record a 23% improvement in its terms of trade in 2026, one of the largest increases in Latin America and the Caribbean, driven by export price […]

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CAF excludes Venezuela from $1 billion climate financing package for the region

The Daily Journal.- The Board of Directors of CAF — Development Bank of Latin America and the Caribbean — approved a $3.5 billion financing package comprising 15 operations across 10 countries in the region, with funds targeting infrastructure, sustainable mobility, energy transition, social development and climate action. Venezuela does not appear among the direct beneficiaries […]

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Venezuela and Trinidad and Tobago turn the page and agree to revive energy cooperation

The Daily Journal — The governments of Venezuela and Trinidad and Tobago formally launched a new stage in their diplomatic relations after signing a bilateral working agenda aimed at restoring cooperation in energy, trade and border security. The agreement followed an official visit to Caracas by Trinidad and Tobago’s Minister of Foreign and CARICOM Affairs, […]

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Venezuela consolidates position as Latin America and the Caribbean’s Third-Largest oil producer

The Daily Journal.— Venezuela ranked as the third-largest oil producer in Latin America and the Caribbean in April, accounting for 11% of the region’s crude output, according to the latest report from the Latin American Energy Organization (Olacde), cited by EFE. Regional oil production reached 318 million barrels in April, up 10% from the same […]

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Delcy Rodríguez receives Barbados Prime Minister at Miraflores Palace

The Daily Journal – Acting President Delcy Rodríguez received Barbados Prime Minister Mia Mottley at Miraflores Palace to advance bilateral proposals focused on agricultural production and energy projects. The meeting included Sectoral Vice President for Social and Territorial Socialism Héctor Rodríguez; Foreign Minister Félix Plasencia; Minister of Productive Agriculture and Lands Vladimir Padrino López; Tourism […]

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Venezuela to lead regional economic growth in 2026 with 6.5% expansion, ECLAC says

The Daily Journal.— Venezuela is on track to lead economic activity in Latin America and the Caribbean in 2026, with projected growth of 6.5%, according to the Economic Commission for Latin America and the Caribbean (ECLAC), which unveiled the forecast in its latest annual report. The projected performance of the Venezuelan economy stands out across […]

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Citgo sets record for ultra-low-sulfur diesel exports from its Texas terminal

The Daily Journal.— U.S. refiner Citgo posted record exports of ultra-low-sulfur diesel (ULSD) from its Brownsville, Texas, terminal during the second quarter, as the prolonged war between the United States and Iran continued to restrict global supplies of the fuel. According to the company’s earnings release, second-quarter ULSD export sales in Brownsville more than doubled […]

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U.S. refineries boost Venezuelan crude purchases to highest level in nearly a decade

The Daily Journal — U.S. refineries are increasing their purchases of Venezuelan crude oil, putting imports on track to reach their highest level in nearly a decade, according to a report by Bloomberg. Refineries along the U.S. Gulf Coast have stepped up acquisitions to secure heavy crude supplies as wildfires in Canada threaten logistics and […]

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UN: Hunger affected 645 million people in 2025

The Daily Journal — Global hunger declined slightly in 2025, affecting 645 million people, or 7.8% of the world’s population, according to The State of Food Security and Nutrition in the World (SOFI 2026), an annual report that several United Nations agencies presented Tuesday in Rome. The report highlights steady progress in Latin America and […]

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