Venezuela Says Pushing for OPEC, Russia Action to Stem Oil Fall

Cash-strapped Venezuela is pushing for an emergency OPEC meeting and joint coordination with Russia to stem a tumble in oil prices, President Nicolas Maduro said on Tuesday night. "We're working toward a special OPEC meeting, in coming days we'll announce. … We're making contacts with OPEC governments," Maduro said during an hours-long televised broadcast. "We're evaluating the possibility that a very high ranking OPEC meeting be called, and that in coordination with the Russian Federation, President Vladimir Putin, we can advance in taking a series of actions to defend the oil market in the face of this latest fall," he added. Further details were not immediately available. More…