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Keeping Ecopetrol whole

Thursday, February 5th, 2015 Category: Downstream & Pricing
Usefulness:
Keeping Ecopetrol whole

On Tuesday we published our index graph of retail fuel prices through February and the average of WTI and Brent in pesos as a proxy for the price of a barrel of oil. We noted that retail prices were 20 to 30% above where they were in January 2010 even though crude prices were 15% below.

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