Search for your article of interest

Downstream & Pricing

Oil to boost Colombian economy

Oil to boost Colombian economy

The country showed a decrease in its economic growth in 2017, but the recovery of oil prices has generated positive expectations for this year. Juan Manuel Santos, President of Colombia, could end his administration with signs of economic recovery.

Thursday, July 5th, 2018
Usefulness:
Updating oil price charts

Updating oil price charts

It is the end of the second quarter (already?) so we decided to update our favorite charts about oil prices movements, including futures.

Monday, July 2nd, 2018
Usefulness:
Oil and fuel prices

Oil and fuel prices

Oil prices have increased in recent months, improving the sector’s prospects and probably the Colombian State’s income in the coming years. However, this behavior has also had some impacts on the country’s economy, especially in gasoline prices and other key metrics. Colombia’s Central Bank (Banrep) talked about this.

Tuesday, June 26th, 2018
Usefulness:
BP Energy Statistics 2018: Looking at the Latin American energy market

BP Energy Statistics 2018: Looking at the Latin American energy market

BP recently published its annual statistical summary of the global energy market and we thought it might be interesting to look at a few selected charts. The focus was country-by-country comparisons and, by looking at energy consumption broadly, we chose some variables that might be a bit different.

Tuesday, June 26th, 2018
Usefulness:

Colombia to increase oil exports

The Ministry of Finance (MinHacienda) updated the Medium Term Fiscal Framework to reflect the recovery of oil prices. Expectations about oil exports are positive for the short term.

 

Wednesday, June 20th, 2018
Usefulness:

Oil prices effects in Colombian economy

Low oil prices of are a thing of the past (for now at least) and the sector is experiencing a new era with better prospects, benefiting the country’s economy and finances. Alberto Bernal, Expert in Economics, spoke about effects of high oil prices on the country.

Tuesday, June 19th, 2018
Usefulness:
Vasconia discount continues to narrow

Vasconia discount continues to narrow

It has been many months since we updated our chart of showing the discount of Vasconia blend to Brent. Vasconia is the country’s most emblematic crude.

Wednesday, June 13th, 2018
Usefulness:
Fuel prices in June

Fuel prices in June

The Ministry of Mines and Energy (MinMinas) announced fuel prices for June this year. As expected, these increased and the entity explained the reasons for the new rise.

Wednesday, June 6th, 2018
Usefulness:

US imports have Colombian biofuel industry on the ropes

US ethanol imports totaled 27% of demand in February causing inventories by local producers to use almost all of their storage capacity. Industry association FedeBiocombustibles says American production has a 30% government subsidy and they cannot compete.

Wednesday, June 6th, 2018
Usefulness:
Fuel subsidy fund running out of cash

Fuel subsidy fund running out of cash

The Fuel Price Stabilization Fund (FEPC) was created to reduce the impact of the international prices volatility on the local market. However, the FEPC has reported a huge deficit and it continues to grow.

Thursday, May 24th, 2018
Usefulness: