“A barrel of oil should cost $ 70 to ensure its renewal,” said Maduro.
Venezuelan President Nicolas Maduro urged players in the energy markets to increase the cost of a barrel of oil to $ 70, reports Telesur.
“A barrel of oil should cost $ 70 to ensure its renewal, it is a necessary and uncomplicated to the global financial system, the task,” he said during a meeting of the Council Vice presidents.
The Minister of energy of Venezuela, Eulochio del Pino plans to make a joint with the Minister for foreign Affairs, Delcy Rodriguez tour of OPEC countries, August 13.
OPEC predicts record demand for oil
Earlier, Maduro said that he had started consultations with a number of OPEC countries and Russia with respect to the stabilization of oil prices.
