Exclusive: Venezuela wants OPEC price band restored

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Exclusive: Venezuela wants OPEC price band restored: CARACAS (Reuters) - Venezuela on Wednesday proposed that OPEC set an oil price band of $80 to $120 a barrel, Energy Minister Rafael Ramirez told Reuters, bidding to restore a policy the cartel tried 12 years ago in a failed attempt to control prices in a tight range by adjusting supply.

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