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The barrel of “light sweet crude” (WTI) to be delivered in February fell 92 cents to 91,80 dollars on the New York Mercantile Exchange (Nymex), due to the rise of the global crude oil supply after the new advances in the dialogue on Iran’s nuclear program. In...

The national customs service of Ecuador (NES) reported yesterday that last year was registered the collection of $3.608 million in taxes, being the highest figure for the past 8 years. According to the NES, which stated through a press release, the funds raised during the year of...

According to the energy management of information (EIA), United States will produce 9.3 million barrels per day by 2015. If so the country will become the main producer of oil in the world, beating Saudi Arabia and Russia, according to forecasts from the International Energy...