Tue, Mar 31, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Market Moves, Oil more

Venezuela says OPEC may hold special meeting

Posted on 19 April 2013

Members of the Organization of Petroleum Exporting Countries are discussing holding a special meeting following the recent drops in international oil prices, Venezuela Oil Minister Rafael Ramirez told reporters Thursday. “We’re watching the price of oil, and we’re being careful,” Mr. Ramirez said at the central office of state energy company Petroleos de Venezuela SA, which is also headed by the minister.
“We’ve been in discussions over whether or not they are going to call a special meeting of OPEC. We’ve maintained that there is oversupply of oil in the market,” said Mr. Ramirez, repeating his government’s frequent calls to hold a “floor” of $100 a barrel……………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39895 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
S M T W T F S
« Feb    
1234567
891011121314
15161718192021
22232425262728
293031