Energy Key Facts —The decree. President Daniel Noboa signed Executive Decree 444 on July 9, effective July 12. —The asymmetry. Monthly rises remain capped at 5%. The new reduction path is capped at 1.5%. —The prices. Extra and Ecopaís, the two main petrol grades, sit at $3.31 a gallon; premium diesel at $3.25. —The expectation. […]
The post Ecuador Caps Fuel Price Cuts at 1.5% a Month. Rises Can Hit 5%. appeared first on The Rio Times.
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