The President of the Bolivarian Republic of Venezuela, Nicolás Maduro, assured that with the entry into force of the OPEC+ and G20 Agreement, the price of crude oil has entered a phase of relative stability, reaching $30.
The information was released during a productive Tuesday day at Miraflores Palace, acknowledging that several producer countries have announced new cuts: “We know that this is going to lead to the fact that in the coming weeks the price of oil in the world may be between 40 or 45 dollars”, he stressed.
He also assured that the price of oil is the basis for the stability and recovery of world markets, the world financial system and the functioning of the world economy: “The stability and the good price of oil in the market is the basis for the stability of the economies and the world financial system”.
In this regard, he stressed that: “Venezuela has maintained production levels that although they have been low and growth plans are ready to advance as soon as Venezuelan oil passes the barrier that places it below the production price.”
The Venezuelan President also acknowledged that despite the current price of a barrel of oil, the Bolivarian Government guarantees its solidarity hand in the home with the Carnet de la Patria (Homeland Card), CLAP, house-by-house visits, health, doctors, medicines and productive plans.
“We are sure to produce, to strengthen the real economy, not the non-essential economy”, requested on Tuesday the head of state, Nicolás Maduro Moros, to all productive sectors of the country.
