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

© REUTERS / Leonhard FoegerThe OPEC flag and the OPEC logo are seen before a news conference in Vienna, Austria, October 24, 2016
The OPEC flag and the OPEC logo are seen before a news conference in Vienna, Austria, October 24, 2016 - Sputnik International
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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.

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