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News Reporter@lemmy.wtfB to Economy@lemmy.world · 4 days ago

Venezuela oil fetching 30% higher price, U.S. energy chief says, after first sale worth $500 million

www.cnbc.com

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Venezuela oil fetching 30% higher price, U.S. energy chief says, after first sale worth $500 million

www.cnbc.com

News Reporter@lemmy.wtfB to Economy@lemmy.world · 4 days ago
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America is securing prices about 30% higher for Venezuelan crude than those obtained before President Nicolas Maduro's capture, said U.S. Energy Secretary.
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  • Pup Biru@aussie.zone
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    4 days ago

    it might just be me, but i think i need someone to explain to me how selling things for a higher price brings down prices

    • Jhex@lemmy.world
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      4 days ago

      <narrator> It doesn’t

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