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Ecopetrol’s Financial Struggles: A Closer Look at the Oil Giant’s 2024 Performance

Ecopetrol, Colombia’s state-owned oil company, faced significant challenges in 2024. The firm’s financial results for the third quarter revealed a concerning trend. Profits dropped by 28.3% compared to the same period in 2023, highlighting the difficulties in the oil sector. The refining segment took a major hit. In the third quarter of 2024, it reported […]

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