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Venezuelan Oil Minister Will Visit Other Countries To Coordinate Oil Prices
Sep 01, 2017

As the Venezuelan EL UNIVERSAL reported on August 29, according to the news of Russian Tass, the oil minister Del Pino will be meeting with Russian and Saudi oil officials in the near future to discuss the issues of that the production restriction assessment will be held between OPEC member countries and non-member countries on September 22, and to implement that the President Maduro recently coordinate with the parties to protect the oil prices. The Constituent Assembly will set up a heavy oil belt expert working group to study the protection and development of oil resources. Affected by the hurricane "Harvey", oil refineries of Texas in the United States have been closed, these refineries accounted for 16.5% of the national oil refining, which caused the slight drop of international oil prices.

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