Ecopetrol Rating Cut: Moodyโs Drops Colombia Oil Giant to Ba2
24 April 2026 at 18:06
Key Points โMoodyโs Ratings downgraded Ecopetrolโs global credit rating from Ba1 to Ba2 on Thursday, April 24, citing a weaker assessment of government support from Colombia (Baa3 stable). โThe 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 [โฆ]
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