Venezuela Starts 95,000 Bpd Production Cut As Part Of OPEC Deal | International News Live Blog

https://internationalnewsliveblog.wordpress.com/2017/01/03/venezuela-starts-95000-bpd-production-cut-as-part-of-opec-deal/

Venezuela – one of the staunchest supporters and promoters of OPEC’s oil production cuts – has said it would start reducing supply by 95,000 bpd beginning January 1, complying with its commitment to the total cartel cuts. OPEC’s much-hyped deal aimed at reducing global oversupply and ‘stabilizing’ oil prices stipulates that Venezuela cut … http://internationalnewslive.com/venezuela-starts-95000-bpd-production-cut-as-part-of-opec-deal/