Venezuela: Billions of barrels to spare but not a drop to pump

Investors often ask us “How is Venezuela, a country with 300 billion barrels of oil reserves, poor?” Lack of petrol and recent price hikes are adding further challenges to a complicated scenario in the country. Integra Groupe’s June Q&A walks you through the common queries and numbers. Read more

Corona in Caracas

Amidst a challenging economic and humanitarian crisis, U.S. sanctions, an external oil shock and COVID-19 lockdowns, Integra Groupe analyzes the pressures under which the Maduro regime is operating. The Chavista government has remained defiant despite adversity both at home and abroad. We discuss the storm clouds forming, debating between the perfect storm or another transition […]