Ecuador: Oil Export Revenue Falls 4% so far in 2013

Posted on May 22, 2013 • Filed under: Economy, Ecuador, Oil

Ecuador’s first quarter crude oil export revenue fell 4% from a year earlier to $3.38 billion due to lower oil prices, the central bank said. The average price of crude in the three months fell 5% to $99.16 a barrel. By volume, Ecuador exported 34.14 million barrels in the first three months of 2013, up 1%. Read Article

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