Venezuela's President, Hugo Chavez, said on Tuesday that OPEC will make more cuts to global crude production if they are needed to defend oil prices. "We will make the reductions that have to be made," Chavez said during an address to Venezuela's Congress. "I am sure what I am saying is what all the heads of government and heads of state think in all the OPEC countries."
Tuesday, January 13, 2009
Chavez says OPEC could cut more oil if necessary
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