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BREAKING NEWS
‘Jorge Chérrez’s companies owe $ 20 million in interest to Isspol’
Ecuador entered the bid for vaccines against covid-19 since July 2020
With decree 1244, the Government creates Postal Services of Ecuador to replace Correos del Ecuador
The riots in the country’s prisons leave 79 dead
The cost of freight to imports brought from Asia has tripled
Ecuador, the first country in America that together with Europe will fight against the counterfeiting of medical products
Government will allow the importation of vaccines for municipalities and private institutions
62 dead after clashes in prisons in Guayaquil, Cuenca and Latacunga
Ecuadorian pianist was designated ‘Steinway Artist’ in Germany
This is how you say ‘Ecuador, a diverse country’ in nine mother tongues

The return of the low oil prices

Posted On 11 Jan 2017
The future of oil is so uncertain that even the agreement of the countries of the Organization of Exporting Countries (OPEC) seems to be able to stabilize rising prices. Moreover, the alerts sound again on the New York Stock Exchange, fearing that the OPEC will not be able to maintain its commitment to cut production this year.
The United States Energy Information Administration expects the country’s oil output to rise by 300,000 barrels per day (BPD) in 2018 on a year-on-year basis, according to its monthly forecast released yesterday.
The EIA stated that production will rise to 9.3 million BPD next year from 9 million BPD by 2017.
The effect of this is that the price of Texas Intermediate Oil (WTI) fell yesterday by 2.19% and closed at $ 50.82 a barrel, its lowest level in more than a month. WTI future contracts for February delivery fell by $ 1.14 compared to the end of the last session.
The so-called ‘black gold’ yesterday accumulated its second day of heavy losses in New York and ended at its lowest level since December 7.

Source: http://expreso.ec/economia/el-regreso-del-precio-bajo-del-barril-del-crudo-YB1003818

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'Jorge Chérrez's companies owe $ 20 million in interest to Isspol'

Posted On 24 Feb 2021

Ecuador entered the bid for vaccines against covid-19 since July 2020

Posted On 24 Feb 2021

With decree 1244, the Government creates Postal Services of Ecuador to replace Correos del Ecuador

Posted On 24 Feb 2021
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