Oil production in Colombia continued to decline in January

Data from the Colombian Ministry of Mines and Energy revealed that oil production continued to decline at the cutoff of January 14, 2021. It reached 738 thousand barrels per day (kbpd) in mid-January, falling below the 749 kbpd reported to the end of December 2020. Although, it still remains slightly above 730 kbpd which was the worst production level amid the pandemic last year.

Source: Valora Analitik