OPEC's Weakest Link Venezuela Sees Payoff in Oil Freeze

  • Oil minister's shuttle diplomacy clinched Doha agreement
  • `Second-best solution' unlikely to rescue country's economy

Will Other OPEC Nations Join Saudi-Russia Oil Deal?

The deal struck between Saudi Arabia and Russia this week to cap oil output was the first meaningful response by producing countries to the collapse in crude prices. It was also a personal victory for the man who promoted it, Venezuela’s Energy Minister Eulogio Del Pino.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.