Supermajority or Not, in Venezuela It's Still About Oil Prices

December 8, 2015 8:29 PM

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Supermajority or Not, in Venezuela It's Still About Oil Prices

Just when it looked like change was coming to Venezuela, along came OPEC to spoil the party.

Celebrations were still taking place in Caracas in the aftermath of elections Sunday that saw opposition lawmakers win a majority in congress for the first time in 16 years, but optimism over the prospect of a challenge to President Nicolas Maduro’s government has started to fizzle out as Brent crud...

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