Tag: raw

The Cartagena refinery is approaching 200,000 barrels of cargo per day

The Cartagena refinery is approaching 200,000 barrels of cargo per day

In addition, it achieved historic sales of 76.5 million barrels of fuel, of which 54.7 million barrels were marketed in the market domestic and 21.7 million barrels abroad. The results are due to the continuous operation of the units rawcompliance with the stops floorsthe implementation by new technologyGand good energy efficiency practices. The Cartagena Refinery […]

Oil rises 2% on concerns about the Middle East crisis

Oil rises 2% on concerns about the Middle East crisis

He Israeli government has indicated that it is an offensive against Hamas in the Gaza Strip will continue into 2024, raising concerns among investors about the possibility of the conflict spreading across the region and affecting crude oil trade. Analysts will be paying attention to US inventory data released today by The New York Times […]

Gas well in Sabanalarga produces 2.5 mpcd

Gas well in Sabanalarga produces 2.5 mpcd

Rafael Guzmán, president of Hocolsubsidiary of Ecogasolineannounced the results of drilling in the Bullerengue well, one of the gas and oil fields in the Atlantic Ocean. Results of drilling Bullerengue pit southwest 5 in Sabanalarga, Atlántico, indicate that there are more options for fuel supply. “This opens up greater opportunities for us to obtain greater […]

Poles among Hamas hostages in the Gaza Strip

Poles among Hamas hostages in the Gaza Strip

Poles are among the hostages held by Hamas in the Gaza Strip, Foreign Minister Zbigniew Rau said. This was reported by Polsat News, citing the head of the Ministry of Foreign Affairs, who is currently visiting France for a conference convened at the initiative of President Emmanuel Macron and mainly dedicated to the current situation […]

Oil prices drop by more than 3% due to fears of a conflict in Israel

Oil prices drop by more than 3% due to fears of a conflict in Israel

He Crude oil from the North Seareference Europeended the day in the International stock futures down $2.93 compared to the last negotiation, when it closed at $90.38. The price of Brent fell as market fears about an expansion of the conflict between the two subsided Israel and Hamas, which analysts say could impact supply in […]

Brent and WTI oil ended the week higher, crossing USD90 per barrel

Brent and WTI oil ended the week higher, crossing USD90 per barrel

He Crude oil from the North Seareference Europeended the day on the International Exchange Futures up USD0.23 compared to next Thursday’s trading, when it closed at USD93.7. This way, except on the day of Wednesdaywhen it saw a slight decline of 0.12%, Brent has closed higher every day this week, ending at almost four dollars […]

The oil price falls to the lowest level in 15 months

The oil price falls to the lowest level in 15 months

Reference oils Brent and WTI have posted their lowest levels since 2021, following the risks currently posed by the banking sector to the world, coupled with a hypothetical rise in interest rates in the United States. Barrels of Brent crude for May delivery fell 2.5% on the London futures market this Monday to USD 70.70 […]

Oil prices are at their lowest levels of the year

Oil prices are at their lowest levels of the year

Meanwhile, the value of Texas Intermediate Oil (WTI) opened this Monday with a decrease of 2.66%to $74.25 a barrel after a weekend of protests against restrictions imposed on Covid-19 in China, one of the world’s largest oil consumers. After several weeks lower, the Brent price registered today abrupt drop 4.07% from Friday’s close, prompted by […]

Ecopetrol officially opened its office in Singapore

Ecopetrol officially opened its office in Singapore

After four months of operation and with sales secured for more than 55% of what was projected, the Ecopetrol Group, through its subsidiary Ecopetrol Trading Asia, officially opened its office in Singapore. Ecopetrol Trading Asia markets approximately 8 million barrels of crude oil each month, mainly Ecopetrol Castilla Blend®, Ecopetrol Mares Blend® and Ecopetrol Apiay […]

Ecopetrol hit by oil drop

Ecopetrol hit by oil drop

After becoming aware of the results of the presidential elections in Colombia, the actions of ecopetrol have had a difficult period in the stock market, which was also affected by weakness in the international oil price. This Wednesday Ecopetrol fell 0.97%while the closing price of the oil company’s title was $2,152. Meanwhile, crude oil has […]

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