Venezuela oil minister out with some fresh jawboning

performance data with graph notebook

Comments from Venezuela oil minister:

  • Talked with Oman counterpart
  • Discussed stabilizing oil market
  • Oman supports Venezuela actions to stabilize oil market

These ministers are in love with the idea that they can talk-up oil and the lemmings will believe it. The only OPEC vote that matters is Saudi Arabia and they have given every indication that they will not cut production.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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