WOMAN WALKS PAST AN OIL PUMP MONUMENT IN CABIMAS VENEZUELA.
A woman walks past an oil pump monument in Cabimas, west of Caracas, late June 17, 2004. OPEC's reference crude oil price rose more to $34.69 a barrel on Thursday, from Wednesday's $33.93, the OPEC news agency said on Friday. OPEC has an official target range of $22-$28 introduced in March 2000 but the basket has been above the band all this year. Venezuela, the world's No. 5 oil exporter, has been seeking out foreign investment to help bolster its production, especially in its extra heavy crude fields. REUTERS/Jorge Silva JS/GN