Crude Oil

Unrest in Ecuador Curbs Output of Nearly 900,000 Barrels of Oil

Protests against President Lenin Moreno’s removal of fuel subsidies continued for a ninth day on Friday as hopes for talks between the government and indigenous protest leaders dimmed.

Unrest in Ecuador Curbs Output of Nearly 900,000 Barrels of Oil

SEATTLE (Oil Monster): More than a week of unrest over anti-austerity measures in Ecuador has curbed output of 877,678 barrels of crude in the OPEC-member nation, including 140,885 barrels from private companies, an energy ministry source told Reuters.

Protests against President Lenin Moreno’s removal of fuel subsidies continued for a ninth day on Friday as hopes for talks between the government and indigenous protest leaders dimmed.

 Courtesy: www.hellenicshippingnews.com

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