Venezuela Said to Request Emergency OPEC Meeting in Letter
- Nation has previously called for crisis summit with members
- OPEC's daily basket price has slumped to $23.85 a barrel
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Venezuela wrote to fellow OPEC producers requesting an emergency meeting as the collapse in oil prices hurts the group’s most vulnerable members, according to five people with knowledge of the matter.
The letter was sent to the 12 other members of the Organization of Petroleum Exporting Countries, the people said, asking not to be identified as the document isn’t public.