Putin, Maduro to discuss oil prices on Wednesday

President Maduro's unannounced visit to Russia comes after his visit to Algeria, Iran, and Saudi Arabia, against the backdrop of an international tour focused on the oil crisis

Venezuelan President Nicolás Maduro will visit Russia once again on Wednesday and meet with his Russian counterpart Vladimir Putin. Top in their agenda are plummeting oil prices, the Kremlin reported.

"Vladimir Putin will meet with Venezuelan President Nicolás Maduro (...) to talk about (....) the progress of bilateral cooperation, including the fulfillment of large bilateral projects in the energy, agriculture, and industrial areas," the Kremlin informed in a communiqué, AFP quoted.

President Maduro's unannounced visit to Russia comes after his visit to Algeria, Iran, and Saudi Arabia, against the backdrop of an international tour focused on the oil crisis.

Maduro's international tour began on January 5, and has included a number of OPEC and non-OPEC countries, EFE reported.

The price of the Venezuelan oil basket hit USD 42.44 last week, while the price of the OPEC basket stands at USD 41.50.

Source: http://www.eluniversal.com/