Petroecuador will make new sale of oil in the spot market

Posted On 29 Jun 2020

The public company Petroecuador will carry out this June 29, at 10:30, a new sale of 3.6 million barrels of crude oil from the East in the spot or immediate market. For this process, the state oil company has invited 56 companies qualified in the Supplier Registry of the International Trade Management.

The offers of the interested companies will be announced this Monday, June 29, and after that, a technical team will evaluate the proposals to award the contract to the one that offers the best economic conditions and that meets all the requirements.

The contest marker is set to be West Texas Intermediate ( WTI ) oil . The price of this crude oil was located at USD 38.27 a barrel, on June 26 last.

https://www.elcomercio.com/actualidad/petroecuador-venta-petroleo-mercado-spot.html

Petroecuador will make new sale of oil in the spot market

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