Venezuela cautiously hopeful for rise in oil price

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Venezuela cautiously hopeful for rise in oil price

[IMG]https://s.yimg.com/bt/api/res/1.2/__blH59x8bQp0ng.U1IDZw--/YXBwaWQ9eW5ld3NfbGVnbztmaT1maWxsO2g9ODY7cT03NTt3PT EzMA--/http://media.zenfs.com/en-AE_XE/News/AFPEco**micEn/66dc62c5cb5262cc1b7a5dbef5aab72ff171f52b.jpg[/IMG]President Nicolas Maduro said Wednesday he hoped a pledge by big oil producers to freeze output would boost the falling crude prices that have stricken Venezuela's eco**my. Saudi Arabia, Russia and Qatar joined Venezuela on Tuesday in saying they were prepared to freeze output if other major producers do the same. Venezuela has the biggest k**wn oil reserves in the world.




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