Ecuador is in trouble. That alone is half the SPR release500k bpd....also closing in wells...that is not great...sometimes a challenge to get back online.
Ecuador's energy ministry warned that oil production has reached a "critical" level and may be halted as early as 28 June if protests against rising fuel prices and living costs continue.
Production is down 260 KBD (-53%) vs early June and 1,176 wells have closed.