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C&C and Ecopetrol take a hit on 3Q12 oil prices

Wednesday, December 19th, 2012 Category: Downstream & Pricing
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C&C and Ecopetrol take a hit on 3Q12 oil prices

Despite the wild swings of global benchmarks, most Colombian producers managed to keep their prices steady, losing only US$1 or so from their 2Q12 prices. But Ecopetrol’s average realized price was down over US$4 and C&C Energy’s price was down nearly US$5.

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