Venezuelan oil basket down USD 100.58 per barrel
Oil price suffered a USD 2.18 drop in a week's time
The fall in oil price has been attributed to volatile oil prices in the main oil baskets amid concerns over the global economy and its imminent effects on world demand," the ministry informed in its website.
Venezuelan oil basket yearly average stands at USD 105 per barrel.
Translated by Jhean Cabrera
José Vicente Rangel clearly said: "We are not conducting negotiations threatened with a gun in the head." He warned behind closed doors in the midst of the social upheaval occurred during the oil strike in 2002 and 2003. Dissenting Timoteo Zambrano answered back that no other option was available: "The thing is that otherwise, you do not negotiate."