[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

These Are The Most Stolen Cars In Every US State Earth Changes Summary - June 2025: Extreme Weather, Planetary Upheaval, China’s Tofu-Dreg High-Speed Rail Station Ceiling Suddenly Floods, Steel Bars Snap Russia Moves to Nationalize Country's Third Largest Gold Mining Firm Britain must prepare for civil war | David Betz The New MAGA Turf War Over National Intelligence Happy fourth of july The Empire Has Accidentally Caused The Rebirth Of Real Counterculture In The West Workers install 'Alligator Alcatraz' sign for Florida immigration detention center The Biggest Financial Collapse in China’s History Is Here, More Terrifying Than Evergrande! Lightning Cash Jordan NYC Courthouse EMPTIED... ICE Deports 'Entire Building Trump Sparks Domestic Labor Renaissance: Native-Born Workers Surge To Record High As Foreign-Born Plunge Mister Roberts (1965) WE BROKE HIM!! [Early weekend BS/nonsense thread] I'm going to send DOGE after Elon." -Trump This is the America I grew up in. We need to bring it back MD State Employee may get Arrested by Sheriff for reporting an Illegal Alien to ICE RFK Jr: DTaP vaccine was found to have link to Autism FBI Agents found that the Chinese manufactured fake driver’s licenses and shipped them to the U.S. to help Biden... Love & Real Estate: China’s new romance scam Huge Democrat shift against Israel stuns CNN McCarthy Was Right. They Lied About Everything. How Romans Built Domes My 7 day suspension on X was lifted today. They Just Revealed EVERYTHING... [Project 2029] Trump ACCUSED Of MASS EXECUTING Illegals By DUMPING Them In The Ocean The Siege (1998) Trump Admin To BAN Pride Rainbow Crosswalks, DoT Orders ALL Distractions REMOVED Elon Musk Backing Thomas Massie Against Trump-AIPAC Challenger

Business/Finance
See other Business/Finance Articles

Title: Saudi Arabia, Venezuela Agree to Collaborate to Restore Oil Prices:Minister
Source: [None]
URL Source: [None]
Published: Jan 12, 2015
Author: staff
Post Date: 2015-01-12 00:51:58 by Tatarewicz
Keywords: None
Views: 82
Comments: 1

MEXICO CITY, January 11 (Sputnik) — The authorities of Saudi Arabia and Venezuela have agreed to cooperate on restoring the plummeting oil prices, Venezuelan Finance Minister Rodolfo Marco Torres said Sunday.

"Excellent meeting with important results. We agreed to work to restore the market and oil prices," Torres said on his Twitter account, following a meeting between Venezuelan President Nicolas Maduro and Saudi Arabia's Minister of Petroleum and Mineral Resources Ali Al-Naimi.

Excelente reunión con importantes resultados. Acordamos trabajar para recuperar mercado y precios del petróleo pic.twitter.com/fXjKBXGawW — Rodolfo Marco Torres (@RMarcoTorres) January 11, 2015

Maduro is currently on tour throughout a number of oil-producing countries in a bid to cut production and boost oil prices. The president has already visited Iran and is set to continue his travel to Qatar and Algeria.

© Flickr/ alex.ch OPEC Likely to Maintain Oil Levels, Crude Prices to Continue Free Fall: UBS Oil prices have been cut in more than half since the summer of 2014 due to oversupply in the market, with Brent crude futures, reaching a five-year low at under $50 per barrel on January 5.

A sharp decline was noted after the Organization of the Petroleum Exporting Countries, whose 12 member states account for some 40 percent of world oil output, decided not to cut production at its November summit.

During Maduro's visit to Iran last week, the Venezuelan president and and his Iranian counterpart Hassan Rouhani, whose country is also heavily dependent on oil prices, agreed to cooperate within OPEC to reverse the price downfall.

Post Comment   Private Reply   Ignore Thread  

#1. To: Tatarewicz (#0)

Saudi Arabia, Venezuela Agree to Collaborate to Restore Oil Prices:Minister

"Restore"

LOL

In other news, there will be lectures on free-market economics in the oil industry on Fox Nooze and the other propaganda networks.

Katniss  posted on  2015-01-12   12:19:59 ET  Reply   Trace   Private Reply  

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]