| 20.10.2008 - Venezuela to propose cut in oil production |
| From AFP: President Hugo Chavez will urge fellow members of the OPEC oil cartel to implement a cut in production, with a goal setting a price floor of no less than 80 dollars a barrel, the Venezuelan leader said. "Our position for the past ten-plus years has been that we have to manage oil production," Chavez told AFP, ahead of an October 24 gathering in Vienna of the Organization of Petroleum Exporting Countries..... Full Article: Source |