The dollar in Colombia gained $ 37 at the close of the day against the lowest value traded.
This Wednesday, it closed the day with a price of $ 3,496, which means it gained 1.33% in value, standing $ 52 above today’s market representative rate (TRM), which is $ 3,444, and $ 37 for the lowest value traded ($ 3,459).
For its part, the Cólcap index of the Colombian Stock Exchange closed up 1.12%.
Finally, oil prices advanced after a difficult start to the week, taking particular advantage of the decline in US crude oil and oil reserves.
The North Sea Brent barrel for delivery in February rose 2.24% or $ 1.12 in London to $ 51.20. WTI’s U.S. barrel for the month of February gained 2.34%, to $ 48.12.
By the end of the last two sessions, the two benchmark contracts had lost some of the significant gains recorded since early November, with which they had managed to rise to their pre-pandemic levels.
U.S. reserves of crude oil, gasoline and distillates fell in the United States last week, according to a report from the U.S. Energy Information Agency (EIA) released Wednesday.
These data provided a dose of optimism to investors, who expect a take-off of consumption for next year, after suffering a brutal slowdown in 2020 due to the pandemic and the limitation of travel.
“Our indicators in the United States are starting to show more robust activity,” explained Bjørnar Tonhaugen of the Rystad Energy cabinet. “As we already let our customers know, shale oil is a monster that can slow down, but that can be killed.”
“In addition, new air can be expected in the geopolitical scene next year,” the expert assessed.
The new U.S. administration, which is due to take office in late January, could take a more conciliatory tone toward Iran and ease its economic sanctions, allowing Tehran to sell more barrels on the world market.