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Tag Archives: Oil price fixing

Exclusive: Argentina plans to protect domestic oil industry with price-fixing

Oil rig. Blue sky

REUTERS, APRIL 23, 2020 BUENOS AIRES (Reuters) – Argentina plans to issue a decree setting a higher local oil barrel price to protect the domestic industry from being further decimated by a collapse in global prices and slumping fuel demand due to the coronavirus pandemic, two industry sources told Reuters on Thursday. The locally-set oil price, known as the “criollo …

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