Examples of using "Petroleo" in a sentence and their english translations:
oil.
Yes, Venezuela has a lot of oil.
Oil is essential for the Venezuelan economy...
government has had to back this particular cryptocurrency with oil.
oil... the black gold that financed the "revolution".
It didn’t matter because, folks, they had oil dollars.
oil money is no longer enough to pay all the bills.
Could it be that Hugo Chávez’s Bolivarian government didn’t like oil?
the oil reserves, my friends, are also under the control of the government.
Venezuela produces half as much oil as when the revolution began.
the problem is that the oil industry requires lots of investments, investments that the
oil refineries and is one of the 3 largest complexes of its kind on the entire planet.
in mass and by all means, such as refineries, oil and many other raw materials.
Yes, it's true, we've said it here, Venezuelan oil doesn’t have the highest quality, but...
That is, each Petro will be guaranteed by a barrel of oil from the Venezuelan oil reserves,
That is to say, even though it is supposedly backed by oil barrels, you can never exchange
But... one thing is having oil and another quite different thing is being able to exploit
there are more than 300 billion barrels of oil certified, more than the reserves of Saudi
than what they can buy with what they make from the oil… which is decreasing.
But of course... as oil production keeps plummeting… the country has to import fewer things.
Their dependence is so great that oil generates 95% of all foreign currency profits, in dollars,