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Venezuelan Oil Price Drops to 22.06 US Dollars Per Barrel
The average price of Venezuelan oil dropped to US$22.06 per barrel in the February 26 to March 2 week, down 63 US cents from the prior week of February 19 to 23.
In an information bulletin released to the press Friday, the Minister of Energy and Mining said the average oil price of the Organization of Petroleum Exporting Countries (OPEC) over the week was US$24.33 per barrel, 75 US cents below last week's price.
The average price of Venezuelan oil was US$23.44 in February.
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