(Adds quotes, details, context)
CARACAS, Feb 11 (Reuters) - Venezuela backs the
recommendation of the OPEC+ technical committee to cut crude
output by 600,000 barrels per day, the South American country's
oil ministry and state oil company PDVSA said in a joint
statement on Tuesday.
A panel that advises the Organization of the Petroleum
Exporting Countries and its allies, led by Russia, proposed the
output cut as oil prices were hit by concerns about demand
following the coronavirus outbreak in China.
"With this support for the additional production adjustment,
Venezuela reaffirms its policy of achieving stability in the
international hydrocarbons market," the statement said.
Russia has not said whether it supports the proposal, which
has frustrated some OPEC members.