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Chavez offers stability in oil market
Last Updated(Beijing Time):2004-08-17 15:55
Venezuelan President Hugo Chavez has said that the stability of the international oil market will be guaranteed.

The Venezuelan president made the remarks in anticipating his victory in the recall referendum before thousands of his supporters at the headquarters of the government.

Venezuela, one of the founders of the Organization of Petroleum Exporting Countries (OPEC), is the fifth largest exporter of crude oil in the world.

According to the preliminary results released by the National Electoral Council, Chavez won 58.25 percent of the 94.4 percent of the votes in the referendum.

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