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More than 200 decision makers attend the Colombia Oil & Gas Congress each year.

"You have to have a good ESG strategy and it's not just a matter of knowing a couple or a bunch of politicians."

With a dearth of economic data, attention has focused on the Bajo Cauca unrest.

Last week in Colombia was one totally bereft of either macro data or economic surveys; this week will be the polar opposite.

The oil sector dominated the headlines for a variety of reasons this week…and most of it was good news.

It was an eclectic week, even by Colombian standards.

CPI may yet go higher, obviously not to those seen on the streets of Caracas or Buenos Aires, but only Chile (13.3%) amongst the mainstream Latam economies has higher inflation.

In November, 155 drilling & workover rigs were registered, exceeding the pre-pandemic activity of 136 rigs in January 2020.

"It is important for investors to be able to distinguish between the signal and the noise when it comes to Petro and judging by the market reaction, they still don't have a good read on the government."

Export data for September disappointed once again, but unemployment data is trending favorably - and tax reform passed!