Ecopetrol Faces Lower Profits
This is a Colombia news story, published by Yahoo Finance, that relates primarily to Ricardo Roa news.
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Crude oil pricesReuters
•Business
Business & Economics
Lower oil prices could sink Ecopetrol's full-year profits by $2.8 billion, president warns

78% Informative
Lower oil prices could reduce Colombian state-run oil firm Ecopetrol's profits by up to 12 trillion pesos this year .
Oil prices headed for second -consecutive weekly loss on Friday , with Brent futures at $ 63.45 a barrel.
President Ricardo Roa says around 20 to 30 fields could be at risk of closure.
Colombia 's economy is facing increasing fiscal pressure as tax revenues slip.
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