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    market news

    Q+A-Risks to Ecuador oil, mining sectors amid unrest

    Investing News Network
    Oct. 04, 2010 01:06PM PST
    Oil and Gas Investing

    On Thursday, Police protesters attacked Ecuadorean President Rafael Correa over austerity measures, leaving the leftist leader holed up in a hospital and plunging the OPEC nation into political chaos.

    On Thursday, Police protesters attacked Ecuadorean President Rafael Correa over austerity measures, leaving the leftist leader holed up in a hospital and plunging the OPEC nation into political chaos.

    The press release is quoted as saying:

    Ecuador is one of the continent’s largest oil producers, but among the smallest in the oil producers’ cartel, with daily production of around 470,000 barrels of crude.

    Click here to access the entire press release

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