CNBC | Oil slips as Venezuela says market is 10 percent oversupplied CNBC Global oil supply of 94 million barrels per day needs to fall by about a tenth if it is to match consumption, Venezuela's Oil Minister Eulogio Del Pino said on Monday. International benchmark Brent crude oil futures were trading at $45.82 per barrel at ... Venezuela Says Global Oil Supply Exceeds Demand by 10 Percent Oil slips as Venezuela says market is 10% oversupplied Venezuela Crises Compound as Oil Industry Falls Into Disarray |