The President of the National Federation of Fuel and Energy Distributors (Fendipetroleo), Jairo Gómez, spoke about a possible fuel shortage and its consequences for Colombia.
The government announced a plan to assure propane supply nationwide during the mandatory isolation period.
Colombia’s Statistics Department (DANE) spoke about inflation and the variables that influenced fuel prices during March 2020.
Between Covid-19 and the Russia / Saudi Arabia fight, the short-term prospects for oil prices are not great. But what happens after the pandemic passes, demand picks up and Saudis stop pumping as if there was no tomorrow?
President Ivan Duque announced a new reduction to fuel prices, just days after the Ministry of Mines and Energy (MinEnergia) announced a slight cut, to face the coronavirus crisis.
The Ministry of Mines and Energy (MinEnergia) announced fuel prices for March 2019, reporting a decrease compared to previous month.
Last Friday, Brent closed at US$33.85 by our accounting the lowest weekly closing value since February 2016. Logic and the data suggest things will not get better quickly. The question we focus on here is how companies will react and whether they will be successful.
Unless your idea of a winter vacation was a solo trek across Antarctica or the Sahara Desert, you are aware that 2020’s top story so far is the Coronavirus aka Covid-19. While health concerns are primary, the economic impacts are not inconsequential.
The Ministry of Mines and Energy (MinEnergia) announced fuel prices for February 2019, reporting an increase compared to last year figures.
With oil prices on a roller coaster since the start of the new year, we thought we should update our usual graphs. Last presented in September, the panaorama has changed considerably.
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