Venezuelan oil basket soars 1.7%; ends at USD 104.92
Optimism about the global economy spurred by USD 1.76 the oil price
"Optimism over the global economy and concerns over supply in the Middle East due to geopolitical tensions boosted oil prices this week," explained the ministry in its website.
Consequently, the Venezuelan oil basket averaged USD 102.25 per barrel in January.
Translated by Jhean Cabrera
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."