01/15 Closing Prices / revised 01/16/2026 10:59 GMT | 01/15 OPEC Basket Price $62.77 -1.30 cents | 01/15 Mexico Basket (MME)  $53.30 -.2.77 cents  11/14 average (Oct) Venezuela Basket (Merey)  $ 47.51   -1.05 cents | 01/15 NYMEX Light Sweet Crude  $59.19 -$2.83 cents | 01/15 ICE Brent  $63.76 – 2.76 cents 01/15 RBOB Gasoline NY Harbor 06/06  $1.7838 0.0466 cents | 01/15 Heating Oil NY Harbor  $2,2083 -0.0736 cents | 01/15 NYMEX Natural Gas  $3.128 +0.008 cents | 01/09 Baker Hughes Rig Count (Oil & Gas)  544 -2 | 01/16 USD – Dollar/MXN  17.6511 (data live) 01/16 EUR – USD  $1.1614 (data live)  01/16 US/Bs. (Bolivar) Bs 341,74250000 (data BCV) (Parallel Bs. 481.00-617.00-estimated) Source: WTRG/MSN/Bloomberg/MarketWatch/Reuters/larepublica.pe, Zelle, cash, transfer.

Summit of the Americas starts (June 6, 2022)

The U.S. Biden administration finally confirmed that Cuba, Venezuela and Nicaragua were not invited to the ninth Summit of the Americas, which starts in Los Angeles today. Officials said the exclusion is a response to the countries’ authoritarian governments and concerns about human rights.

Biden administration officials had floated the idea of inviting a low-level official from Cuba’s foreign affairs ministry, but ultimately decided against it, reports the Miami Herald.

The exclusion has been a flashpoint with other governments in the region, notably Mexican President Andrés Manuel López Obrador, who will skip the meeting in protest. Honduran President Xiomara Castro and Bolivian President Luis Arce are also not expected to attend.

Caribbean countries demanded that Venezuelan opposition leader Juan Guaidó, recognized as the country’s interim president by the U.S., be excluded. Instead, he is likely to have a video call with Biden on the sidelines, reports the Miami Herald.

The guest-list fight has overshadowed the issues of substance the Biden administration hopes to discuss at the meeting: migration and trade. (See last Thursday’s post.) And raised significant criticisms even from allies who question the administration’s decision to exclude Cuba, which attended the last two summits, reports the Associated Press. “The real question is why the Biden administration didn’t do its homework,” said Jorge Castañeda, a former Mexican foreign minister who now teaches at New York University.

It’s the first time the U.S. has hosted the meeting since the inaugural summit in 1994 and many of those involved with the initial effort are wondering what happened to the spirit of collaboration, and why division and acrimony have come to overshadow the joint effort, reports the Los Angeles Times. Others are questioning the utility of this type of summit in general.

“The diminishing influence of the United States in Latin America is a byproduct of toxic polarization” both in the U.S. and to the south, said Manuel Orozco, an expert at the Inter-American Dialogue think tank.

Regional

Share this news

Leave a Comment


 EnergiesNet.com

About Us

 

By Elio Ohep · Launched in 1999 under Petroleumworld.com

Information & News on Latin America’s Energy, Oil, Gas,
Renewables, Climate, Technology, Politics and Social issues

Contact : editor@petroleuworld.com


CopyRight©1999-2024, Petroleumworld.com
, EnergiesNet.com™  /
Elio Ohep – All rights reserved
 

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission fromPetroleumworld or the copyright owner of the materia

 

Energy - Environment

No posts found!

Point of View

EIA Total Energy Review
This Week in Petroleum