Colombia Exports YoY
The economy of Colombia is heavily reliant on the export of commodities. Exports of oil and coal make for 59% of overall shipments, with gold accounting for 5%. However, in recent years, other products such as chemicals, machinery, and cut flowers have become more significant. Colombia's most important trading partners are the United States (which accounts for 36% of total exports), China (which accounts for 6%), Spain (which accounts for 5%), and Venezuela (which accounts for 4%). Other trading partners include the Netherlands, Chile, Ecuador, Peru, India, Brazil, and the UK.
A higher than expected figure should be seen as positive (bullish) for the COP while a lower than expected figure should be seen as negative (bearish) for the COP.
News (COP)
Marathon Oil To Pay $241.5 Mln In Pollution Penalties
Marathon Oil Co., which is in deal to be bought by ConocoPhillips in $22.5 billion all-stock deal, has agreed to a settlement with the U.S. Government regulators and to pay $241.5 million in penalties over climate- and health-harming emissions in North Dakota. The settlement with the U.S. Environmental Protection Agency or EPA and Department of Justice includes largest ever civil penalty...
RTTNews | 61 days ago
ConocoPhillips Q4 Adj. EPS Tops Estimates; Lifts FY24 Production Guidance
ConocoPhillips (COP) reported Thursday that net earnings for the fourth quarter declined to $3.01 billion or $2.52 per share from $3.25 billion or $2.61 per share in the prior-year quarter.
RTTNews | 216 days ago
ConocoPhillips, QatarEnergy Ink Two Deals To Supply Long-term LNG To Germany
Exploration and production company ConocoPhillips (COP) and QatarEnergy announced Monday that they have signed two agreements to supply long-term liquefied natural gas (LNG) to Germany.
RTTNews | 652 days ago
