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Venezuela supports OPEC+ decision on oil production cuts — minister

Other News Materials 4 April 2023 03:12 (UTC +04:00)
Venezuela supports OPEC+ decision on oil production cuts — minister

The government of Venezuela supports decisions made at the ordinary meeting of OPEC+ monitoring committee, Oil Minister Rafael Tellechea tweeted, Trend reports citing TASS.

"We participated on behalf of Venezuela in the 48th meeting of the OPEC+ ministerial committee to confirm that our country supports decisions made by the alliance to ensure stability of the global energy market," Tellechea said.

On April 2, several OPEC + countries announced the voluntary oil production cut from May to the end of 2023. The voluntary reduction will stand at 1.66 mln barrels per day.

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