Among the entourage where representatives of some of the largest companies operating in Portugal, with the objective of firming protocols in the vein of "oil for goods", towards which the Venezuelan executive has been showing great openness.
Addressing journalists, Venezuelan oil minister Ramiréz produced the usual OPEC litany on why oil prices are so high: geo-politics (was he thinking of Venezuela?), the dollar devaluation and so on, re-affirming that there's nothing OPEC can do to hinder oil prices. He also said that 200 $ oil is a serious possibility.
In recent times no one from OPEC have been referring to the refining problems. But it is a problem, especially in Europe, were after decades of fiscal policies correctly favouring diesel consumption we are far from being autonomous on diesel refining. Vencit omnia veritas.
