Search ForexCrunch

In the same breath of reporting the numbers of coronavirus cases, Venezuela’s Maduro said the value of a barrel of Venezuelan oil is today below the costs of production.

Key comments

  • The value of a barrel of Venezuelan oil is today below the costs of production.
  • Venezuela’s Maduro says Venezuela now has 33 cases of coronavirus, 16 new cases detected today.
  • Venezuela’s Maduro says entire country will enter quarantine on Tuesday due to coronavirus.

More to come…