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Ecuador's Original English Language Newspaper

Ecuador and OPEC will reduce oil production

Published on December 17, 2018
Facebook Twitter Google+ LinkedIn Ecuador voted with other Organization of Petroleum Exporting Countries (OPEC) Friday to reduce oil production. OPEC members and 10 oil-producing allies, including Russia, agreed to a 1.2 million barrel-per-day reduction in hopes of stabilizing the oil market. Oil prices have dropped by 30 percent in recent weeks but have rebounded somewhat […]

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