Sunday, January 11, 2015

Venezuela Pushes OPEC For Higher Oil Prices

Deputy Crown Prince of Saudi Arabia, Prince Muqrin bin Abdulaziz Al Saud, right, receives Venezuelan President Nicolas Maduro in Riyadh, Saudi Arabia, Sunday, Jan. 11, 2015. (Saudi Press Agency)

AP: Venezuela, Saudi Leaders Meet and Talk Oil Prices in Riyadh

WNU Editor: What Venezuela wants is Saudi Arabia to cut back its production (while keeping their own production levels). My prediction .... Saudi Arabia is not going to "bow" to their demands. And as for Venezuela .... their problem is even more complicated .... they do not have enough buyers who want to refine their type of "heavy and dirty" oil .... Venezuela's Oil Falls to $42.44 (Marine Link).

More News On Venezuela Pushing OPEC For Higher Oil Prices

Venezuela’s Maduro seeks support from Saudi Arabia on oil prices -- G&M/Reuters
Venezuela's Maduro in OPEC kingpin Saudi for talks -- AFP
Venezuela president visits Saudi Arabia to hold talks over oil price slump -- Press TV
Venezuela’s Maduro in Saudi Arabia for talks -- Al Arabiya/AFP
Iran vows to help Venezuela to stem oil price fall -- Reuters
Iranian, Venezuelan Leaders Pledge Cooperation On Low Oil Prices -- Radio Free Europe
Iran and Venezuela Push OPEC to Stabilize Falling Oil Prices -- NYT/AP

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