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Venezuelan President Nicolas Maduro announced his intention to offer OPEC to reduce daily oil production, RBC reported referring to NTN24.

According to him, in just the past 15 days, the price of Venezuelan oil has fallen by $ 18 a barrel.

Venezuela will send to the OPEC + December 6 summit a proposal to ratify the new oil agreement and implement a significant reduction in oil production, as well as will balance the market and protect the moderate prices.

Oil prices plummeted in November. Since early October, the price of Brent crude oil has fallen by more than 28%, WTI - by 30%. By November 29, Brent oil fell to $ 57.78.

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