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Message: Venezuelan crude closed the week at 46.35

Venezuelan crude closed the week at 46.35

posted on Nov 15, 2008 04:07AM

http://www.correodelcaroni.com/conte...

Hugo will really be feeling the squeeze. He sells a big chunk of his oil at a discount to buy socialist friends and he recently agreed to reduce production by 190k bpd. Low prices and low output. He better start thinking of other ways to make money.

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