OPEC+ Sees no Major Impact from Venezuela Sanctions Easing - Reuters
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(Updated - October 19, 2023 11:00 AM EDT)
OPEC+ Sees no Major Impact from Venezuela Sanctions Easing - Reuters
- Venezuela is unlikely to require any policy changes by the OPEC+ producer group for the time being as a recovery in production is likely to be gradual.
- OPEC+ does not expect any significant price reaction from the move.
- "Let's see the level of production to be added," said an OPEC+ source.
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