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  • How oil could go even lower Friday, 18 Dec 2015 | 7:00 AM ET
    An oil pumpjack operates near Williston, North Dakota.

    If history is any guide, the price of oil can still go down before it recovers, says Robert McNally.

  • This has created the ultimate pain trade Wednesday, 9 Dec 2015 | 7:00 AM ET
    Workers at an oil facility near Riyadh, Saudi Arabia.

    The blend of macro forces driving commodities lower makes it unlikely the sector will recover for months to come.

  • CARACAS, Dec 8- Venezuelan President Nicolas Maduro announced an imminent cabinet reshuffle on Tuesday after his ruling Socialist Party was crushed in legislative elections, but he vowed to veto opposition plans for an amnesty law for jailed politicians. The government was stunned by Sunday's elections, winning just 55 seats against the opposition's 112...

  • CARACAS, Dec 8- Venezuela's opposition on Tuesday urged leftist President Nicolas Maduro to stop making excuses for his candidates' defeat in legislative elections and instead urgently tackle food shortages and free jailed politicians. Shortages are particularly bad for the poor and beyond capital Caracas, with shoppers lining up for hours under the sun...

  • CARACAS, Dec 8- Venezuela's opposition on Tuesday urged leftist President Nicolas Maduro to stop making excuses for his candidates' defeat in legislative elections, and instead urgently tackle food shortages and free jailed politicians. Shortages are particularly bad for the poor and beyond capital Caracas, with shoppers lining up for hours under the sun...

  • Pay to sink 50% in this country next year Tuesday, 8 Dec 2015 | 7:00 AM ET
    Pay to sink 50% in this country next year

    Employees in Venezuela will likely see their real wages cut amid high inflation and falling commodity prices.

  • CARACAS, Dec 7- Venezuela's opposition vowed on Monday to revive the OPEC nation's troubled economy and free jailed political activists after winning control of the legislature for the first time in 16 years of Socialist rule. "It's a great opportunity for us, this protest vote," prominent opposition leader Henrique Capriles said following a win attributed...

  • CARACAS, Dec 7- Triumphant opposition leaders vowed on Monday to use their new majority in Venezuela's legislature to free jailed opponents of the Socialist government, but also promised not to go after political foes. The Democratic Unity coalition won more than twice the number of National Assembly seats as the Socialists in Sunday's vote that punished...

  • CARACAS, Dec 7- Ecstatic opposition leaders vowed on Monday to use their new majority in Venezuela's legislature to free jailed opponents of the Socialist government but also said they would not move to dismantle popular welfare policies. The Democratic Unity coalition won more than twice the number of National Assembly seats as the Socialists in Sunday's...

  • CARACAS, Dec 7- Ecstatic opposition leaders vowed on Monday to use their new majority in Venezuela's legislature to free jailed opponents of the Socialist government but also said they would not move to dismantle popular welfare policies. The opposition Democratic Unity coalition won more than twice the number of National Assembly seats as the Socialists...

  • CARACAS, Dec 7- Ecstatic opposition leaders vowed on Monday to use their new majority in Venezuela's legislature to free jailed opponents of the Socialist government but also said they would not move to dismantle popular welfare policies. The opposition Democratic Unity coalition won more than twice the number of National Assembly seats as the Socialists...

  • Venezuela opposition thrashes 'Chavismo' Monday, 7 Dec 2015 | 7:00 AM ET
    Venezuela opposition thrashes 'Chavismo'

    The opposition Democratic Unity coalition wins the legislature for the first time in 16 years.

  • Venezuela election result is a game-changer Monday, 7 Dec 2015 | 5:00 AM ET
    Venezuela election result is a game-changer

    Venezuela has voted in a new government: its opposition alliance. Diego Moya Ocampos, senior Latin America analyst at IHS, discusses.

  • CARACAS, Dec 6- Venezuela's opposition trounced the ruling Socialists on Sunday to win the legislature for the first time in 16 years and gain a long-sought platform to challenge President Nicolas Maduro's rule of the OPEC nation. Opposition leaders, who have lost over-and-over since Chavez's first election victory 17 years ago, were jubilant, even though...

  • CARACAS, Dec 6- Venezuela's opposition won control of the legislature from the ruling Socialists for the first time in 16 years on Sunday, giving it a long-sought platform to challenge President Nicolas Maduro. The opposition Democratic Unity coalition won 99 seats to the Socialists' 46 in the 167- national National Assembly, the election board said, with some...

  • CARACAS, Dec 6- Venezuela's opposition won control of the legislature from the ruling Socialists for the first time in 16 years on Sunday, giving them a long-sought platform to challenge President Nicolas Maduro. Election board head Tibisay Lucena said the opposition Democratic Unity coalition won 99 seats to the Socialists' 46 in the 167- national National...

  • Opposition leader Henrique Capriles, prominent rights activist Lilian Tintori and another opposition leader who asked not to be identified said the Democratic Unity coalition had gained a majority in the 167- member National Assembly. The National Electoral Council was yet to give official results, however, and there was no word from the headquarters of...

  • Students take part in a rally against President Nicolas Maduro's government in Caracas on Nov. 21, 2015.

    Venezuelans will head to the polls this Sunday and, for the first time in 16 years, the opposition is the clear favorite to win.

  • The OPEC countries hit hardest by low oil prices Thursday, 3 Dec 2015 | 1:19 PM ET
    Oil workers conduct a drill in a petroleum well in Lagunillas at the east coast of Lake Maracaibo near Maracaibo City in Venezuela.

    Plunging oil prices have left many crude-exporting countries with budgets that simply won't balance.

  • This is what climate change actually looks like Tuesday, 1 Dec 2015 | 11:46 AM ET
    A man on a rooftop looks at approaching flames as the Springs fire continues to grow near Camarillo, California.

    Representatives from countries around the world gather in Paris this week to set carbon emissions targets they hope will reduce climate change.