Ecuador To Use $58.29/bbl Oil Price In 2019 Budget

Instant Max AI

(Energy Analytics Institute, Piero Stewart, 11.Nov.2018) — Ecuador announced it will utilize a $58.29 per barrel oil price to calculate projected oil export revenues in 2019, reported online media El Universo.

Ecuador, along with Venezuela, are the lone countries from Latin America to be members of OPEC.

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