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Ecuador will need to cut oil output goal by 8% after force majeure -minister

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Ecuador will need to cut oil output goal by 8% after force majeure -minister

Ecuador will need to revise down its daily crude oil production target by some 40,000 barrels, equivalent to about 8%, its oil minister said, after state-run company Petroecuador declared force majeure on three more oil blocks on Tuesday because of protests.

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Ecuador will need to cut oil output goal by 8% after force majeure -minister

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Ecuador will need to cut oil output goal by 8% after force majeure -minister

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