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RE: Crashdown Oil Prices - Venezuela's Oil Economy

in Project HOPE6 years ago

Coronavirus has affected a lot of economy.

Negotiate crude with greater price discounts, especially with the shortage of crude receivers as a result of the sanctions.

How possible is it to negotiate crude with greater price discount when there are lots of oil producing countries and most of this countries want to sell their oil out. Also not all countries are part of OPEC.

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 6 years ago  

These are economic agreements that the government has had to carry out, since on many occasions it has requested loans with guarantees in oil production, agreements where the nation's resources have been mortgaged.