Venezuelan crude prices drop to near four-year low
CARACAS Oct 24 (Reuters) - The Venezuelan petroleum export basket, which includes crude oil and refined products, dropped on Friday to $75.90 per barrel, its lowest level in nearly four years due to oversupply concerns.
The Venezuelan basket, which trades at a discount to other benchmarks because of its higher content of heavy oil, has fallen for seven straight weeks, according to the OPEC country's weekly oil report. (Reporting by Corina Pons; Editing by Peter Galloway)
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