Venezuela Commits to OPEC+ for Global Energy Stability at Russia Energy Week

Venezuela, represented by Delcy Rodríguez, reaffirmed its commitment to OPEC+ for global energy stability at Russia Energy Week, emphasizing the importance of market balance.

• On October 15, 2023, in Caracas, Venezuelas executive vice president, Delcy Rodríguez, highlighted the nations dedication to OPEC+ in ensuring stability in the global energy market.
• Delcy Rodríguez stated that Venezuela is a strong advocate for the OPEC+ agreement, aiming to maintain equilibrium in international energy prices amid fluctuating global demand.
• The commitment to OPEC+ comes at a time when the United States has increased scrutiny on oil-producing countries, making Venezuelas role in the petroleum market particularly significant.