OPEC and OIL PRICES

Venezuela Not Overproducing Says Grisanti 

Venezuela's Minister of Energy and Mines, Dr. Arturo Hernandez Grisanti, has vigorously denied that Venezuela is violating the OPEC agreement to reintroduce production quotas during the months of September and October.

Speaking to reporters in Caracas on 24 September, Dr. Grisanti said that he "would like to categorically deny" reports that Venezuela was violating its OPEC production quota. "Venezuela...