Venezuela Arrests Former Oil Minister And Ex-Head Of PDVSA

Hoy la Clase soberana Petrolera recibe al compaero @MQuevedoF quin asume el @MinPetroleoVE y @PDVSA para continuar el legado de nuestro Comandante Chvez pic.twitter.com/6BH7IsgehW
— Eulogio Del Pino (@delpinoeulogio) November 27, 2017

As OPEC is set to celebrate the extension of the cartel’s oil production cut for another year in Vienna, Venezuela former-oil minister and the former head of the now defaulted state energy company PDVSA have no reasons to celebrate following their overnight arrests in Venezuela.
Taking a page out of the Saudi “anti-corruption” playbook, Reuters reports citing two sources that Venezuelan authorities detained former Oil Minister Eulogio del Pino and former state oil company PDVSA president Nelson Martinez overnight as a part of a broad anti-corruption probe.

This post was published at Zero Hedge on Nov 30, 2017.

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