Colombia’s Oil Industry Tumbles Amid Violent Protests ...Middle East

Economy by : (OILPRICE) -
After being rocked by a harsh 2020 where the March 2020 oil price collapse and the coronavirus pandemic sharply impacted operations Colombia’s economically vital petroleum industry is struggling to recover. Even attempts by the national government in Bogota to reactivate the economy and crucial parts of the economy, including the hydrocarbon sector, are failing to gain traction primarily because of elevated political turmoil and a long-running security crisis. First-quarter 2021 gross domestic product (Spanish), despite climbing 1.1% year…

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