12/10/2014
Oil barrel, the lowest level in 3 years at 82.72 dollars
Venezuela calls «OPEC» for an extraordinary meeting to stop the decline in prices
Rafael Ramirez told the Venezuelan Foreign Minister said that his country would ask for an extraordinary meeting of the Organization of the petroleum exporting countries (OPEC) in a bid to stop the declining oil price in recent months. The price per barrel of Venezuelan oil was close to 82.72 dollars Tuesday, down 3.17 dollars over the week, the lowest level in the last three years. According to the ' French ', said Ramirez, who was in the past the oil Minister and Director-General of the national oil company, told a news conference in Caracas, I am convinced that this is not because of the market, but the price gouging to create economic problems for major oil producing companies.
The price per barrel of Venezuelan oil at the rate of $ 94.99 in 2014, compared to these dollars in 2013 and 103.42 in 2012. Ramirez stressed that no one wants to back down a barrel to less than $ 100 a barrel, indicating that the request for an extraordinary meeting will be presented at a meeting scheduled originally for OPEC on 27 November in Vienna, adding that falling prices caused by an increase in the production of non-OPEC States, hinting at oil shale, which the United States is the first product in the world. Although it has the largest oil reserves in the world, not only Venezuela produces 2.4 million barrels a day is 96 per cent of foreign exchange earnings to the State. And modified the 12 OPEC countries and a third of world's crude estimates of an increase in demand by 1.05 million barrels a day this year to 91.19 million barrels, by 1.19 million barrels in 2015 to 92.38 million barrels, OPEC said crude prices continue falling because of weak demand and large display. The Venezuelan Foreign Minister said earlier that his country intends to stop the rapid decline in oil prices and would work within OPEC for oil-exporting States to prevent further deterioration of the oil prices, but Ramirez has not been addressed to details on how the route for achieving this goal. Oil prices have fallen recently continuously Despite fears of reduced supply and rising prices against the backdrop of conflicts in the Middle East, Ukraine, experts believe that the supply of oil in the present case without the high prices.
