Correa contends that the oil price will skyrocket to $ 200 after the Russia-OPEC agreement

Ecuadorian President Rafael Correa reiterated on Friday the support of his country to the measures taken by the Organization of Petroleum Exporting Countries (OPEC) to control the drop in oil prices and estimated that by freezing production the rebound of the cost of a barrel would be around $ 200 in the medium term.

“We support the position of OPEC, it has always been our position,” he said from the province of Bolivar during a television and radio interview.

Source: http://www.larepublica.ec/blog/economia/2016/02/19/correa-sostiene-que-el-precio-del-petroleo-se-disparara-a-200-dolares-tras-el-acuerdo-rusia-opep/