Venezuelan oil down to USD 107.09 per barrel
The Venezuelan oil basket reported a USD 1.66 drop per barrel in February 18-22
The result represents a 1.5% drop (USD 1.66) in the oil price per barrel after four weeks of soaring prices.
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."