Venezuela's Maduro says the value of a barrel of Venezuelan oil is today below the costs of production
|In the same breath of reporting the numbers of coronavirus cases, Venezuela's Maduro said the value of a barrel of Venezuelan oil is today below the costs of production.
Key comments
- The value of a barrel of Venezuelan oil is today below the costs of production.
- Venezuela's Maduro says Venezuela now has 33 cases of coronavirus, 16 new cases detected today.
- Venezuela's Maduro says entire country will enter quarantine on Tuesday due to coronavirus.
Market implications
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.