EnergyHighSingle-sourceBuilding
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Gulf Disruptions Keep Brent Above $100; Refined Product Shortage Pressures Margins
El EspectadorLO·CO·1 day ago
The Colombian peso opened weaker at $3,170 per USD, up $18.2 from the TRM, while Brent crude fell 1.6% to $103.17 and WTI dropped to $101.30. The peso depreciation likely reflects broader EM pressure, while the oil price decline may be driven by demand concerns or supply news. The divergence between a weaker peso and lower oil prices is notable for Colombia, a net oil exporter.
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