Your email has been successfully added to our mailing list.

×
-0.00475098814229251 -0.000790513833992078 -0.00355731225296442 -0.00355731225296442 0.00355731225296442 0.000711462450592912 0.008695652173913 0.008695652173913
Stock impact report

Ecuador hikes Colombian crude transport tariff by 900% [Yahoo! Finance]

Ecopetrol S.A. American Depositary Shares (EC) 
Company Research Source: Yahoo! Finance
infrastructure, raising the cost to $30 per barrel from $3 -- a move that has deepened bilateral tensions in the energy and trade spheres. The measure was confirmed Monday by Ecuador's Minister of Environment and Energy Ines Manzano, who said the new rate applies to Colombian crude that moves through the Transecuadorian Oil Pipeline System, known by its Spanish acronym SOTE, which is owned by Ecuador. She said the increase took effect Friday. "The tariff rose from $3 to $30 in reciprocity for Colombia's decision to suspend the sale of electricity," Manzano said in an interview with local radio station Sucesos. The dispute between the two countries began after President Daniel Noboa's government announced it would impose a 30% tariff on Colombian products. Ecuador justified the move by arguing that Colombia has not done enough to combat drug trafficking along the shared border and framed it as a trade protection measure. Bogota responded with retaliatory steps, including the su Show less Read more
Impact Snapshot
Event Time:
EC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
EC alerts

from News Quantified
Opt-in for
EC alerts

from News Quantified