Venezuela Tears a Page Out of OPEC's Old Playbook in an Effort to Boost Oil Prices

Oil-producing nations around the world have been reeling from the plunge in crude oil prices. However, none is as desperate to get crude prices higher than Venezuela, which has seen its already-weak economy really start to crumble under the weight of falling crude prices. That's why it has been leading the pack to push prices higher. It now believes it has a solution, which is actually something it's taking right out of the pages of OPEC's old playbook. More…