Oil price cut
Venezuela, OPEC’s third biggest producer, has cut its heavy and medium crude oil prices by an average of SUSI.7B (SNZ3.3B) a barrel. The cuts, which followed price adjustments decided at an OPEC meeting in Geneva, work out at an average SUSI.9S (SNZ3.7O) a barrel for Venezuela’s heavy oil.
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Press, 5 August 1985, Page 33
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51Oil price cut Press, 5 August 1985, Page 33
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