Venezuela Tries to Convince Oil Nations to Cut Production

  • Oil Minister Eulogio Del Pino meets Russia's Novak Monday
  • OPEC's oil output reaches record as Iran plans export boost

Who Comes to the Rescue of Failing Emerging Markets?

Venezuela’s Oil Minister Eulogio Del Pino faces an uphill battle persuading Russia and Saudi Arabia to cooperate in cutting oil production amid a supply glut that has pushed prices down more than 30 percent in the past year.

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