October 12, 2016 / 8:06 PM / a year ago

Venezuela's Maduro says oil heading to 'fair and realistic' price

CARACAS, Oct 12 (Reuters) - Venezuelan President Nicolas Maduro on Wednesday said oil was heading toward a “fair and realistic” price on the back of an OPEC deal to cut output.

Venezuela, a price hawk in the midst of a deep economic crisis, has been pushing for a deal to boost prices of its key export. (Reporting by Deisy Buitrago; Editing by Tom Brown)

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