The Venezuelan oil industry Saturday faces a widespread oil price drop due to high energy stock lists in the main consumption centers.
In the Venezuelan case, data from the Energy and Oil Ministry has shown a tendency to decline for nine weeks in a row.
The last result even showed values less than $50 a barrel, with plenty of oil in stock lists for the United States, Asia, and Europe markets.
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Venezuela Faced Oil Price Drop
The Venezuelan oil industry Saturday faces a widespread oil price drop