Titoli di Stato paesi-emergenti VENEZUELA e Petroleos de Venezuela - Cap. 1 (5 lettori)

probabilità recovery

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tommy271

Forumer storico
oggi proprio un bagno di sangue...road to...verso i minimi?
dobbiamo abituarci a queste bassissime quotazioni o c'è spazio per un recupero?
pensavo che una volta onorati i debiti di ottobre ci fosse spazio per un certo rilancio...ma, come si dice, per far partire la navicella/venezuela serve il carburante e quello, sia per il prezzo basso del greggio, sia soprattutto per inerzia della classe dirigente venezuelana, manca

Lo spazio di recupero è abbastanza abbondante.
Ma per il momento prevale il "pressing" sui titoli.

Gli impegni sul fronte dei rimborsi della deuda externa sono minimi.

Restano, a pesare come un macigno, il prezzo dell'oil e una situazione economica interna che non riparte.
 

qquebec

Super Moderator
Lo spazio di recupero è abbastanza abbondante.
Ma per il momento prevale il "pressing" sui titoli.

Gli impegni sul fronte dei rimborsi della deuda externa sono minimi.

Restano, a pesare come un macigno, il prezzo dell'oil e una situazione economica interna che non riparte.

Fino al 27 novembre (riunione Opec) il petrolio resterà basso
 

tommy271

Forumer storico
Capriles: Trayendo contenedores con productos de otros países no saldremos adelante


[FONT=&quot] Dijo que las importaciones son un "pañito de agua caliente" y que la solución es incentivar la producción nacional

[/FONT]







10/11/2014 06:48:00 p.m. | Emen.- El gobernador de Miranda, Henrique Capriles Radonski, aseguró que "el país afronta una crisis económica sin precedentes, la cual se supera solo incentivando la producción nacional", reseñó Unión Radio.

"Tenemos un gobierno que es enemigo de los productores nacionales y favorece a los productores extranjeros. A ellos si le pagan completico lo que piden, mientras a los nuestros les ponen trabas para destruirlos. Desde el Gobierno nos hablan de una guerra económica, pero ¿cuál guerra económica? Aquí la única guerra que hay es la de este modelo fracasado que no sirve en contra de nuestro pueblo", dijo en una asamblea popular con productores agrícolas en San Antonio de Yare.

Como ejemplo de la situación actual colocó el costo de la hallaca: "El año pasado una hallaca en Mercal salía en 10 bolívares y este año aumentó a 30 bolívares; mientras que en Pdval, pasó de 30 bolívares a casi 60. Para que ustedes vean, como ha impactado la inflación, que hasta en estas cadenas de distribución de alimentos, que dependen del gobierno, subieron los precios".

"Trayendo contenedores con productos de otros países no saldremos adelante. Eso es un pañito de agua caliente. Solo con producción nacional podemos acabar con la inflación, escasez y el alza de los precios. Ese es el modelo en el que nosotros creemos".


 

tommy271

Forumer storico
Precio del petróleo sufre nueva caída en el mercado internacional


[FONT=&quot] El precio del crudo bajó en una jornada marcada por varios debates en la Conferencia Internacional del Petróleo de Abu Dabi


[/FONT]









10/11/2014 04:22:57 p.m. | Agencias.- El barril de crudo Brent para entrega en diciembre cerró hoy en el mercado de futuros de Londres en 82,34 dólares, un 1,26% menos que al término de la sesión anterior.


El petróleo del mar del Norte, de referencia en Europa, acabó la sesión en el International Exchange Futures (ICE) con un retroceso de 1,04 dólares respecto a la última negociación, que finalizó en 83,38 dólares.


El precio del crudo bajó en una jornada marcada por varios debates en la Conferencia Internacional del Petróleo de Abu Dabi, en la que el secretario general de la OPEP, Abdalá bin Al Badri, pidió que no cunda el pánico en los mercados del petróleo por la tendencia a la baja de los precios del crudo.


El secretario general subrayó que "no hay necesidad de sentir pánico porque la situación mejorará de manera espontánea".


El barril de "light sweet crude" (WTI) para entrega en diciembre perdió $1,25 a $77,40 en el New York Mercantile Exchange (Nymex).


 

tommy271

Forumer storico
Bonos cierran con caída promedio de más de un punto


[FONT=&quot] En la parte media de la curva las caídas oscilaron entre 1,20 y 1,40 puntos, destacando el Venz 2022

[/FONT]










10/11/2014 05:49:35 p.m. | Emen.- Los bonos emitidos por la República y Pdvsa culminan la jornada con retrocesos promedio en sus precios superiores a un punto.

El Venz 2018 (cupón 7%) cedió dos puntos en la jornada de hoy finalizando en niveles de 58,63% no vistos desde julio del 2010.

En la parte media de la curva las caídas oscilaron entre 1,20 y 1,40 puntos, destacando el Venz 2022 cuyo precio toca un mínimo histórico de 67,50%.

Similar comportamiento se evidenció en los bonos de largo plazo, siendo el más representativo el Venz 2031 (-1,50 puntos) cotizándose actualmente en 62,14%.

En la curva de Pdvsa destacaron los títulos con vencimiento en el 2017 (ambos cupones) cuyos precios cedieron en promedio 1,50 puntos.

El Pdvsa 2022 retrocedió en la jornada 1,70 puntos, tendencia que acentuó en horas de la tarde.

En la parte larga los títulos reflejaron caída en promedio de un punto, siendo ejemplo de ello el Pdvsa 2035 (-1,30 puntos) el cual toca un mínimo histórico en su cotización (53,97%).
 

tommy271

Forumer storico
Ieri altro forte affondo dei derivati: i CDS stabiliscono un nuovo record negativo a 2457,80 pb. da 2275,00 pb.
Il precedente max era a 2355,80 pb.

Le riserve del Banco Central sono in calo a 19.643 $ da 19.744 $.
 

tommy271

Forumer storico
Venezuela rushes for fuel imports as biggest refinery ails

Mon Nov 10, 2014 11:00pm GMT








* State-run oil company is seeking 8 cargoes of gasoline, ULSD
* Amuay and Cardon operations affected by power problems
* European diesel margins reach new high amidst strong demand (Adds market reaction, context)


By Sailu Urribarri and Marianna Parraga


PARAGUANA, Venezuela/HOUSTON, Nov 10 (Reuters) - Venezuela is rushing to import up to 2.4 million barrels of diesel and gasoline after power outages hit its main refining complex, an unusual buying spree that has boosted U.S. and European fuel prices and threatens to worsen the OPEC member's financial woes.

State-run oil company PDVSA has told traders since Friday that it wants to buy up to two 300,000-barrel cargoes of ultra low-sulfur diesel (ULSD) plus another six 300,000-barrel cargoes of gasoline, a fuel it rarely buys overseas, for delivery in a week's time, traders told Reuters on Monday.

The sudden demand follows major disruptions to Venezuela's nearly 1 million barrel per day (bpd) Paraguana refining complex, which remained partly out of action on Monday, according to workers.

The larger part of the complex, the 645,000 bpd Amuay plant, was halted last week following a blackout, while a storm affected adjacent 310,000 bpd Cardon plant during the weekend.

Power has since been restored and officials are in the early stages of bringing the units back online to have them running by Thursday. Workers added Amuay operations were back to 55 percent of capacity on Monday, while Cardon remained fully shut.

"We have had power problems in the past (at Cardon), but the whole steam system was affected this time and the refinery was completely paralyzed," a worker said.

The fuel purchases, which were not made via formal tenders, would be the largest by Venezuela since an accident hit its largest refinery, Amuay, in 2012. They come at a delicate moment for PDVSA, which has already come under criticism for importing crude oil for the first time, and faces declining revenues due to a 30 percent slump in global oil prices.


REFINERY WOES


With much of its 1.3 million bpd domestic refining capacity out of order, PDVSA is asking several trading firms to submit offers for up to three gasoline RON 95 cargoes, three gasoline RON 91 cargoes and two ULSD cargoes.

Tankers must be at sea in order to be delivered by a Nov. 17 deadline, traders said. They must unload at any of PDVSA's terminals, especially at the Carenero and El Palito ports that serve Venezuela's domestic market.

The company told traders the ULSD cargoes can be also delivered to the Isla refinery, operated by PDVSA, in Curacao.
Isla also had problems last week due to a gas leak and a fire. PDVSA said operations were not affected, but the facility has been working at half capacity in recent years because of power and steam problems.

PDVSA's smallest refineries, El Palito and Puerto la Cruz, have not fully restarted after planned maintenance work was extended, affecting the deep conversion units that produce light fuels such as gasoline and diesel.


SHORT TIMEFRAME


Gathering eight cargoes of finished fuels may be difficult given the short timeframe PDVSA is looking for and its well-known cashflow problems, the traders added.

If PDVSA finally receives all the cargoes, it would have to pay some $280 million in the coming 35 days, traders estimated, at a time when the state-run oil company faces debt maturities, a declining price for its oil exports while increasing crude imports.

The company in October had tendered to buy up to six 300,000 barrel cargoes of ULSD, reformate and catalytic naphtha. Those cargoes must be delivered and paid in November as well.

In August 2012, PDVSA gathered a fuel armada to supply its domestic market and meet its exports obligations after a severe explosion hit Amuay, leaving over 40 people dead. The purchases, which lasted during the following year, affected its net income.

Strong demand in Latin America and the United States plus refinery woes in Europe are boosting European diesel refinery margins, which reached a 21-month high on Monday.

PDVSA last week said Amuay's restart process would take some six days and in a weekend communique it said there had been no impact to "core" processes at Cardon after the storm.

But workers offered a different picture.

"Right now, Cardon is like Amuay was straight after the problem there. Productive activities are zero," said one worker, who asked not to be named, adding the refinery's steam system had collapsed. A restart would take two days, he said.

Three of five crude distillation units at Amuay were back in operation, workers said, meaning crude processing was increasing, though the refinery still needs to restart its deep conversion units in order to produce finished fuels.

PDVSA union leader Ivan Freites said both refineries should be fully operating by the end of the week.

PDVSA said it had enough fuel inventories to cover domestic and international demand, but it did not elaborate.

Requests to PDVSA for comments on the imports went unanswered.

(Additional reporting by Libby George in London, Andrew Cawthorne in Caracas; Editing by Bernard Orr and Marguerita Choy)

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