BY DAN MOLINSKI AND BRIAN BASKIN PORLAMAR, Venezuela -- Venezuela's oil minister applauded Saudi Arabia's decision to move away from West Texas Intermediate crude benchmark pricing for oil sold in the U.S., and said his country... [read full story]
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Venezuelan Energy and Oil Minister Rafael Ramirez said on Tuesday that his country does not agree to increase the oil production of the Organization of Petroleum Exporting Countries (OPEC) despite a rise in world oil prices.
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VHeadline News Editor Patrick J. O'Donoghue reports: The Minister told 1,000 delegates that Petroleos de Venezuela (PDVSA) hoped to produce 6,862,000 barrels a day by 2021. Ramirez also touched on efforts being made by partners...
PORLAMAR, Venezuela -- Venezuela's oil minister applauded Saudi Arabia's decision to move away from West Texas Intermediate crude benchmark pricing for oil sold in the U.S., and said his country may do something similar.
BY DAN MOLINSKI AND BRIAN BASKIN PORLAMAR, Venezuela -- Venezuela's oil minister applauded Saudi Arabia's decision to move away from West Texas Intermediate crude benchmark pricing for oil sold in the U.S., and said his country...
Venezuela says it will not back an increase in OPEC oil production quotas despite a rise in world crude prices. Oil Minister Rafael Ramirez says that while prices have recovered to Venezuela's year-end goal of $70 a barrel,...
Venezuela Oil Minister, Rafael Ramirez (Click to Enlarge) PORLAMAR, Venezuela (Dow Jones), Nov. 3, 2009 Venezuela's oil minister kicked off the World Heavy Oil Congress Tuesday, where he made the point that Venezuela's oil...
Rafael Ramirez, Aramco, South America, Nueva Esparta, Saudi Arabia, Venezuela, Porlamar
