Ecuadorian Oil Is Back Online

Ecuador has restarted crude oil exports after massive protests caused the country’s oil industry to more or less grind to a halt.  “All exports that were suspended will be rescheduled in the coming days to comply with all the obligations that the company maintains,” Reuters cited Ecuador’s state energy company Petroecuador as saying in a statement. The protests were ignited by a set of austerity measures the Ecuadorean government wanted to implement as part of efforts to reduce its fiscal deficit. They were a condition…