Venezuela to back OPEC + decisions aimed at stabilization of oil price

Venezuela to back OPEC + decisions aimed at stabilization of oil price

Caracas will support those OPEC + decisions that will lead to an acceptable oil price for all producers, Venezuelan ambassador to Russia Carlos Rafael Faria Tortos said on Friday, TASS reports.

"Our government and the president are ready to support the decision that will ensure a good price for oil, not only for Venezuela, but for all producers," the diplomat said.

"Of course, we will support those decisions that will be in line with the situation when prices are not falling and are not going too high either, because this is also not the best situation for oil producers," he added.

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