After years of tracking very closely together, Brent separated from WTI in late 2010 and at one point in 2011, was nearly US$30. Last week the gap closed.
The count dropped again to 22 below recent and long-term averages. This was an above average week for non-armed forces reported/guerrilla-initiated incidents. Our 4-week Moving Average incident count was down to 22.8 incidents (down for the ninth straight week) but the 52 week average was essentially stable at 38.8 incidents per week.
GasThe Colombian Association of Natural Gas said that an unexpected “technical event” in the Cusiana treatment plant has affected the treatment, processing and delivery of natural gas to industrial customers in the interior of the country.
The Pacific Pipeline project took a step towards reality after the firm leading the project, Canada’s Enbridge, presented a document that detailed two possible routes that would take it from San Martin in Meta to the Buenaventura port.
A delegation of Canadian union leaders made a visit this week to a popular tribunal and public hearing held by the USO in Puerto Gaitan and promised legal action under provisions in the Colombian-Canadian Free Trade Agreement.
Call it a lull or a deadlock, this week brought words of advice from consultants, former presidents and the Farc, as the recess between peace roundtable talks in Havana continue. Where it all is going, still remains to be seen.
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