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Ecuador losing money on every barrel of oil it produces
Energy
- 27 August, 2015
- 06:54
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Baku. 27 August. REPORT.AZ/ Ecuador is the first country of the Organization of Petroleum Exporting Countries (OPEC), which began to sell oil at a loss, Report informs citing BBC.
At the end of July Daily production volume amounted to 538,000 barrels a day. Production of oil barrel of Oriente is estimated at 39 USD, and the market value of a barrel of Ecuador is 36,67 USD.
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