A picture is worth 10,000 words #22: The price of Venezuela’s oil basket

January 21, 2007

Below is the evolution of the average price of a barrel of the Venezuelan oil basket for the last 52 weeks. A good rule of thumb is that one dollar up or down represents US$ 1 billion more or less in revenues for the country.

Source: Bloomberg

You can now find all of the graphs I have posted since the election in the Pictures section

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