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Downstream & Pricing

Vasconia discount deepens in 3Q18

Vasconia discount deepens in 3Q18

Vasconia is the archetypical Colombian crude but its price is not widely published. Instead the popular press and even company financial reports talk about Brent (mostly) and sometimes WTI. The relationship between Brent and Vasconia is not fixed over time.

Tuesday, January 15th, 2019
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Fuel prices drop to start 2019 – but not very much

Fuel prices drop to start 2019 – but not very much

The Ministry of Mines and Energy (MinMinas) announced a decrease in fuel prices for January 2019. The National Administrative Department of Statistics (DANE) spoke about the behavior of this metric in 2018.

Monday, January 7th, 2019
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Challenges ahead

Climate change and misinformation, among other issues, have pressured the industry to reinvent itself and adjust to a new reality. Julio Cesar Vera, president of the Colombian Association of Petroleum Engineers (Acipet) explains how he believes the process is going.

Monday, January 7th, 2019
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Controversy about fuel supply in Nariño

Pasto’s fuel entrepreneurs were hoping for Vice Minister of Energy, Diego Mesa, to clear out ‘rumors’ about fuel prices in Nariño. His speech started another controversy instead.

 

Wednesday, December 5th, 2018
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Will gas become a better business than oil again?

Will gas become a better business than oil again?

On paper, Colombia has about 11 years of gas reserves. But the production forecast shows shortfalls occurring very shortly. Getting investors to search for domestic gas should be a regulatory priority but a better gas netback would also help their decisions.

Monday, November 26th, 2018
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Senator Martinez talks Meta’s fuel prices

Senator Maritza Martínez (U Party) complained about the department’s high tolls and fuel prices, and has a proposal to fix the issue.

 

Thursday, November 22nd, 2018
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Fuel prices continue to increase

Fuel prices continue to increase

The Ministry of Mines and Energy (MinMinas) announced an increase in fuel prices for November this year. Representatives of the cargo sector spoke about this new increase and its negative effects.

Tuesday, November 13th, 2018
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Brent equilibrium price

Brent equilibrium price

Last week’s article updating our oil price and future’s charts gave the Analyst an inspiration. Unfortunately, the ‘muse’ appeared just when he was already up against the deadline so it had to wait for this week.

Monday, November 12th, 2018
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Halloween closes a scary October

Halloween closes a scary October

We usually update our oil price graphs at the beginning of October but we had other things we thought were more timely. However, by publishing at the end of the month, we captured the slide that has taken place. Trick or treat? Boo!

Sunday, November 4th, 2018
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Is this a good thing or a bad thing?

Oil prices slipped slightly this week on continued fear of a global economic slowdown but Colombia’s policy makers cannot seem to decide if this is a good thing or a bad thing. I would have thought this was a straightforward question with a straightforward answer.

Monday, October 22nd, 2018
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