OPEC AND OIL PRICES
Venezuela Abandons Official Prices
Venezuela has effectively abandoned official prices for its crude oil sales. According to an official announcement in Caracas on 9 February, the Venezuelan Government has instructed the national oil company Petroleos de Venezuela (PDV) to take "the necessary commercial measures" to assure that Venezuela will meet its original oil export target of 1.41mn b/d for 1986. The announcement, which was read by Acting Energy...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!