OPEC is aiming for a moderate but not too high oil price, Venezuelan Oil Minister Eulogio Del Pino told Russia’s TASS news agency in Caracas. “Our aim is to reach a balanced level matching the interests of producers and consumers. We don’t want a price that’s too high or too low,” he was quoted as saying. Del Pino added that he expected oil prices to stabilize at around $60-70 per barrel following a global oil pact reached last week. The Organization of the Petroleum Exporting Countries and non-OPEC nations are due to meet in Vienna on Dec. 10 to sign a memorandum on terms of the agreement. Del Pino told […]