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Industry sources say Shell (SHEL.N) has reached a preliminary agreement to conduct operations in an oil and gas field in northern Monagas state, Venezuela.
Industry sources say Chevron (CVX.N) has reached a preliminary agreement on expansion projects in the Orinoco oil belt region.
Industry sources say that U.S. oil giants Chevron (CVX.N) and Shell (SHEL.N) are close to reaching their first major oil production agreements with Venezuela since the U.S. took Maduro hostage.
European Central Bank President Christine Lagarde: With such great uncertainty at the moment, I cannot say how we will adjust interest rates.
European Central Bank President Christine Lagarde: We will take the necessary measures to keep inflation under control.