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Venezuela says agrees with Iran to call for OPEC, non-OPEC heads of state summit

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CARACAS - Venezuelan President Nicolas Maduro said on Thursday he had agreed with Iran to call for a summit of heads of state from OPEC and non-OPEC countries in the first quarter of next year to decide on strategy for the oil market.

Iran's Rouhani says OPEC cooperation key to stabilizing oil - TV

ANKARA Iran's President Hassan Rouhani said on Thursday that members of the Organization of the Petroleum Exporting Countries (OPEC) should work together to secure implementation of a deal reached last month aimed at stabilizing the oil market, Iran's state TV reported.

4:08pm EST

OPEC wants oil price to be moderate, not too high: TASS quotes Venezuela's Del Pino

MOSCOW OPEC is aiming for a moderate but not too high oil price, Venezuelan Oil Minister Eulogio Del Pino told Russia's TASS news agency in Caracas.

Dec 07 2016

Venezuelans stage protest over political prisoners outside Vatican

(This Dec. 6 story has been corrected to fix spelling in paragraph 5 Tintori, not Tintore)

Dec 07 2016

Vatican seeks to revive faltering Venezuela talks

CARACAS A Vatican representative sought on Tuesday night to rescue faltering talks between Venezuela's leftist government and the opposition, after President Nicolas Maduro's rivals said they would sit out further meetings unless concessions were made.

Dec 06 2016

Russia and Venezuela presidents discuss oil markets

MOSCOW Russian President Vladimir Putin and Venezuela's Nicolas Maduro discussed by telephone the situation on global oil markets, the Kremlin said late on Tuesday.

Dec 06 2016

Venezuela says Shell to provide $400 million financing for oil venture

CARACAS Royal Dutch Shell Plc will provide some $400 million in financing to boost oil output at Venezuela's Petroregional del Lago, a joint venture with state-run PDVSA, the South American country announced on Tuesday.

Dec 06 2016

Venezuelan women flock to Colombia border town to sell hair

LA PARADA, Colombia Women from crisis-hit Venezuela are crossing the border in droves and selling their hair in a Colombian border town in order to afford scarce basic necessities such as food, diapers or medicines.

Dec 05 2016

Venezuela's PDVSA seeks compensation in 'staggering' U.S. bribe case

A unit of Venezuela's state-run oil company PDVSA [PDVSA.UL] has asked a U.S. court to order two businessmen to compensate it for carrying out a "staggering" bribery scheme that cost the company $600 million in losses.

Dec 05 2016

Venezuela confirms bigger bills amid world's highest inflation

CARACAS Venezuela will introduce six new notes and three new coins starting in mid-December to help alleviate practical problems in doing business with the world's most inflationary currency, according to the central bank.

Dec 04 2016