Economy

Economy August 21, 2015 | 12:18 pm

Dominican government secures oil at US$65-barrel cap

Santo Domingo.- Financeminister Simon Lizardo on Thursday said theDominican government bought insurance to acquire oil in international markets ata US$65 cap per barrel to protect the country from the world´s volatile crudeprices.

He said the purchasewas negotiated with the investment firm JP Morgan, which he affirms leads to a stablesupply of oil bill and guaranteed the funds alloc... Read more

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