Venezuela’s state oil giant has made good on two missed debt payments and has approved funds for a critical $984 million payment due on Friday, Ecoanalitica reported
Bond prices jumped on the report, analysts said. Venezuela has missed nearly $600 million in interest payments this month and faces another major bond deadline on Nov. 2. Source CNBC
The world’s largest oil companies are pumping more natural gas than ever before, helping to spur a rise in profits while sating rising global demand for fuels that can mitigate global greenhouse gas emissions. Source: Reuters
Italian bonds fell on concern that Finance Minister Giovanni Tria, whose appointment brought a relative calm to the nation’s markets, may be forced to step down. Source: Bloomberg
China has lent Cambodia $259 million to build a new road in the capital Phnom Penh with Cambodia describing relations between the two countries as being at the “best stage” ever. Source: Reuters
