 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
The Organization of Petroleum Exporting Countries has reduced output by 4.2 million barrels per day since September through a series of production cuts as the 13-member cartel seeks to bolster prices.
Chavez said OPEC could cut production by as much as 4 million barrels per day if necessary.
If OPEC must "cut four million more in production, we cut," Chavez said during a Monday radio broadcast.
Venezuela announced this month that it was reducing output by 189,000 barrels per day under OPEC’s cuts.
Venezuela is currently producing about 2.4 million barrels of oil a day, according to OPEC.
