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What's Up With Colombian Oil Production?

I've been spending a lot of time analyzing the condition of the oil industry in Colombia. There's a lot too discuss and it's far too lengthy for this format. I'll write more on the subject in other posts.

My friends at BNAmericas sent me a chart that is pretty self explanatory. For a country that depends on oil sales for a large part of its fiscal revenue, things don't look great.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.