News and AnalysIs for

Ecopetrol (NYSE: EC) reported the economic losses due to the oil theft and attacks against oil infrastructure.

Colombia’s Minister of Mines and Energy (MinEnergia), Omar Andrés Camacho, provided details about the upcoming increases in fuel prices, focusing particularly on diesel.

Carlos Grateron, Technical Director of the National Federation of Biofuels (Fedebiocombustibles), declared that Colombia leads the world in carbon footprint reduction.

Luis Carlos Reyes, the newly appointed Minister of Commerce, Industry, and Tourism (MinComercio), outlined his key priorities.

Colombia’s state-owned oil company, Ecopetrol S.A., is grappling with increasing debt pressures, exacerbated by the government’s demands for higher shareholder payouts and continued investment in the face of economic challenges.

After a long run of revaluation, the Colombian peso has devalued over 7% just since the beginning of June. That got us thinking again about oil prices, specifically Brent, in pesos versus dollars.