Venezuelan oil basket rebounds; ends at USD 97.15
Venezuelan oil price climbed (1.34%) after reporting negative results over the last four weeks
The oil basket rebounded USD 1.29 (1.34%) with respect to last week (USD 95.86 per barrel), after reporting negative results over the last four weeks.
The ministry added that oil prices hiked amid lingering concerns early this week over tensions in the Middle East hitting oil supply, and a sudden fall in US oil stocks.
Venezuela's average oil price so far this year hit USD 104.09 per barrel.
With reporting by Ender Marcano
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."