Time for us to review prices and netbacks for our Colombia focused publicly traded companies. Prices were up in the quarter but so were costs so not a good quarter on average. As always, individual results may vary.
The Ministry of Mines and Energy (MinEnergia) announced fuel prices for March 2021. Here are the details.
Agremgas’ Felipe Gómez spoke about the need to impose controls on propane prices.
The Colombian Propane Association (Gasnova) talked about the increase in propane prices and made a request on this matter.
A reader question arose about forecasting oil prices for business cases so we thought it worthwhile to go through some of the alternative methodologies and say what we would do.
The Ministry of Mines and Energy (MinEnergia) announced fuel prices for February 2021. Here are the details.
Last Friday Brent nearly closed at US$60 and in honor of that auspicious event, we decided to update our short- and long-term graphs.
Ecopetrol (NYSE: EC) announced the consumption of extra gasoline in the last two months of 2020.
It should hardly be surprising that in a year where WTI went negative for a day and Brent was on a roller coaster, that Colombia’s benchmark crudes went on the same wild ride. We do not have data for Castilla but here is Vasconia.
Ecopetrol (NYSE: EC) announced an improvement in gasoline quality throughout the country.
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