Venezuela turmoil may delay Opec cuts

The continuing strike in the Venezuelan oil sector sent crude prices rocketing higher in December and led to speculation that the Organisation of Petroleum Exporting Countries (Opec) might delay its planned production cuts.

Protests led by right-wing opponents of Venezuelan president Hugo Chavez – including many oil refiners – all but crippled Venezuela’s oil exports in mid-December.

Venezuela is the world’s fifth largest oil producer, behind Saudi Arabia, Russia, Norway and Iran, according

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: