Venezuelan Oil and Mining Minister
Eulogio del Pino said Thursday that his country will meet with Saudi Arabia,
Russia and Qatar in mid-March to discuss how to stabilize oil prices. Oil
remains Russia’s chief export. “We have reached an agreement…in a yet to be
determined city, to decide various proposals,” Del Pino said in an interview
with local broadcaster Telesur. He also called on all OPEC members and allies
to participate in the meeting so as to take broad actions to tackle the
troubled market. “We need to submit this agreement to the main oil producers in
the world…and take a decision on how to stabilize the market,” he added. More…
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