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Director / Editor: Victor Teboul, Ph.D.
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Venezuela's Maduro Seeks OPEC Help Against US Sanctions

Venezuela's Nicolas Maduro has sought OPEC support against U.S. sanctions imposed on his country's oil industry, citing their impact on oil prices and potential risks for other members of the producer group. But a source familiar with the matter said the Organization of the Petroleum Exporting Countries, of which Venezuela is a founding member, had declined to make any formal statement. OPEC says it is concerned with oil policy, not politics. More than 40 nations including the...

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