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Where does Capex go with Brent so low?

Monday, January 7th, 2019 Category: Long Form Reports
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Where does Capex go with Brent so low?

Colombia-focused oil companies dutifully did their 2019 planning, a meticulous process requiring formal Board approval, which can take many months to complete. But at the beginning of October, Brent started to slide nearly 37%, from US$84.16 on October 5th to US$53.21 on December 28th, although it was up considerably last week (Jan 4th) to US$57.06.

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