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Last week the basket stood at USD 102.76
Venezuelan oil basket down USD 100.58 per barrel
Oil price suffered a USD 2.18 drop in a week's time
EL UNIVERSAL
Friday September 28, 2012 02:29 PM
The Venezuelan Ministry of Petroleum and Mining has informed that Venezuelan oil basket suffered, with respect to last week' figures (USD 102.76), a 2.12% decline (USD 2.18) and closed at USD 100.58 per barrel.
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
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
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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."
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