«The stability of the oil markets means, without a doubt, the stability of the world’s finances and economy», which is why Venezuela ratifies its commitment to the strategies aimed at advancing the Organization of Petroleum Exporting Countries (OPEC).
These words belong to the President of the Republic, Nicolás Maduro, who highlighted the agency’s efforts to bring together producers in an agreement aimed at reducing production in order to prop up crude oil prices.
He indicated that for 60 years «it has ratified the path of the union of peoples, governments and the absolute validity of the founding principles», as well as its leading role as a «necessary governing body of exploration, production and commercialization processes».
Through a videoconference, the dignitary revalidated Venezuela’s support for the OPEC+ Follow-up Committee to achieve energy stability, an action that evokes the manifest will of Commander Hugo Chávez to recover the organization:
“Independent and sovereign Venezuela ratifies all its support for our wonderful OPEC. We still have a long way to go and we will always be together, now with the OPEC+ agreement we will stabilize the market, we will continue to demonstrate our validity and that it has been fair to defend and preserve OPEC”, he stressed.
