Venezuelan oil basket rebounds to USD 103.16
The Venezuelan annual oil basket price averages USD 101.73 per barrel
"Most oil prices went down this week amid concerns over the global economy. However, geopolitical tensions in the Middle East and North Africa, as well as the release of positive economic indicators in the United States and China supported the market," the ministry said.
In the wake of the results obtained this week, the Venezuelan yearly oil basket price averages USD 101.73 per barrel.
Translated by Jhean Cabrera
At the recent UN climate summit President Nicolás Maduro gave a speech on global warming highlighting the fact that "Capitalism has ignored over decades nature's capacity to load and recover," and, accordingly, "if we want to change climate, we need to change the system."