โŒ

Normal view

  • โœ‡The Rio Times
  • Ecopetrol Rating Cut: Moodyโ€™s Drops Colombia Oil Giant to Ba2 Sofia Gabriela Martinez
    Key Points โ€”Moodyโ€™s Ratings downgraded Ecopetrolโ€™s global credit rating from Ba1 to Ba2 on Thursday, April 24, citing a weaker assessment of government support from Colombia (Baa3 stable). โ€”The agency flagged higher risk of government interference, lower predictability of support mechanisms, and specific delays in Fuel Price Stabilization Fund (FEPC) payments. Outlook shifted from negative [โ€ฆ] The post Ecopetrol Rating Cut: Moodyโ€™s Drops Colombia Oil Giant to Ba2 appeared first on The Rio Times.
     

Ecopetrol Rating Cut: Moodyโ€™s Drops Colombia Oil Giant to Ba2

24 April 2026 at 18:06

Key Points โ€”Moodyโ€™s Ratings downgraded Ecopetrolโ€™s global credit rating from Ba1 to Ba2 on Thursday, April 24, citing a weaker assessment of government support from Colombia (Baa3 stable). โ€”The agency flagged higher risk of government interference, lower predictability of support mechanisms, and specific delays in Fuel Price Stabilization Fund (FEPC) payments. Outlook shifted from negative [โ€ฆ]

The post Ecopetrol Rating Cut: Moodyโ€™s Drops Colombia Oil Giant to Ba2 appeared first on The Rio Times.

โŒ