CTP 0.00% 5.3¢ central petroleum limited

Mate, Venezuela has devalued the currency not dropped the price...

  1. 3,048 Posts.
    Mate, Venezuela has devalued the currency not dropped the price of oil. Since they are a huge exporter it means that they will have more money at home as they sell their oil in US dollar contracts. It doesn't affect oil prices.

 
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