Ecuador receives $ 365.9 million less because of fall in oil prices

During the first 23 days of January, Ecuador stopped receiving about $ 365.9 million because of the falling in oil prices. The country has exported a crude of $ 40.89 so far this January, as indicated by the National Information System (SIN for its Spanish acronym), which...

Punishment of Ecuadorian oil fell this month

The price of Ecuadorian crude reached $ 39.6 in mid-January, according to the National Information System (SNI for its Spanish acronym). The figure is based on theoretical prices published by the public company Petroecuador EP. The value is $ 40.1 less per barrel than expected by...