Venezuela will circulate new proposal next week to support oil prices

Venezuela will next week circulate a new proposal to crude producers in a bid to support oil prices, President Nicolas Maduro said on Sunday, without providing details. "Venezuela, as of next week, will circulate a letter with a new proposal, a new formula for the stability of real and just prices so that it can be studied and debated by all the governments that have signed this deal," Maduro said in a speech. Maduro repeated that leaders of OPEC and non-OPEC countries should hold a summit in th