Venezuela Expects OPEC Oil Output Limit Deal to Remain in Force For 6 Months

Venezuela's Oil and Mining Affairs Minister Eulogio del Pino said that Venuzuela expects limit oil production for the OPEC member states will remain in force for at least six months.

MOSCOW (Sputnik) – The agreement of the Organization of the Petroleum Exporting Countries (OPEC) to limit oil production will remain in force for at least six months, Venezuela's Oil and Mining Affairs Minister Eulogio del Pino said Tuesday.

"We expect [it will remain in force] for at least six months," he told reporters.