Venezuela's falling oil supply is a major 'challenge' to global energy markets

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A major advisor to energy producing nations has suggested that the continued fallout from Venezuela could present a 'challenge' for global oil markets.

Both Brent Crude and WTI are trading up around 0.2% at $67.35 and $58.72 respectively as of 10.05 a.m in London .

Energy prices fell off a cliff in late 2014 but have started to rebound on the back of agreedVenezuela's economy has been in a tailspin in recent years with inflation reaching insane levels while the country's president, Nicolas Maduro has faced rival claims from opposition leader Juan Guaidó. State-owned oil producer PDVSA's bonds rose

 

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