Summary
Venezuela is asking for help from OPEC, but it is unlikely they will get much support from Saudi Arabia. This situation reflects the challenges Venezuela faces in gaining backing from the oil group.
Key Facts
- Venezuela is seeking support from OPEC.
- OPEC is a group of countries that produce a lot of the world's oil.
- Saudi Arabia is an influential member of OPEC.
- Experts doubt Venezuela will receive significant help from Saudi Arabia.
- Venezuela has been experiencing economic difficulties, affecting its oil industry.
- Cooperation between OPEC countries often depends on shared interests and goals.