Venezuela OilMin: Situation in Venezuela affects oil market

Reuters reported comments from the Venezuelan Oil Minister Manuel Quevedo delivered last hour, with the key headlines found below.
Exchange of crude and products is a way of handling trade.
The world is not only dollar and the US.
Seeking cooperation from friendly nations to fight the US sanctions.
Constantly monitoring oil prices.
Situation in Venezuela affects oil market.
We redirect oil flows to other markets.
Current oil exports 1.2-1.3 mln bpd.
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















