The fall in oil prices and its impact on the Colombian economy
The price of oil has dropped considerably over the past nine months. The Brend variety, the benchmark for Colombia, dropped from US$ 115 to US$ 55 a barrel, between June 2014 and March 2015. The lowest price was recorded on January 28 of this year, when it traded at US$44.45 a barrel. Such a rapid a...
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| Format: | Online |
| Language: | spa eng |
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Universidad Pedagógica y Tecnológica de Colombia
2015
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| Online Access: | https://revistas.uptc.edu.co/index.php/cenes/article/view/3534 |
| _version_ | 1801705950695915520 |
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| author | Vallejo Zamudio, Luis E. |
| author_facet | Vallejo Zamudio, Luis E. |
| author_sort | Vallejo Zamudio, Luis E. |
| collection | OJS |
| description | The price of oil has dropped considerably over the past nine months. The Brend variety, the benchmark for Colombia, dropped from US$ 115 to US$ 55 a barrel, between June 2014 and March 2015. The lowest price was recorded on January 28 of this year, when it traded at US$44.45 a barrel. Such a rapid and pronounced fall had not happened before. The price variation and the way in which it took place were due as much to factors of demand as of supply. |
| format | Online |
| id | oai:oai.revistas.uptc.edu.co:article-3534 |
| institution | Revista Apuntes del Cenes |
| language | spa eng |
| publishDate | 2015 |
| publisher | Universidad Pedagógica y Tecnológica de Colombia |
| record_format | ojs |
| spelling | oai:oai.revistas.uptc.edu.co:article-35342022-06-17T21:34:01Z The fall in oil prices and its impact on the Colombian economy La caida de los precios del petróleo y sus efectos en la economía colombiana Vallejo Zamudio, Luis E. The price of oil has dropped considerably over the past nine months. The Brend variety, the benchmark for Colombia, dropped from US$ 115 to US$ 55 a barrel, between June 2014 and March 2015. The lowest price was recorded on January 28 of this year, when it traded at US$44.45 a barrel. Such a rapid and pronounced fall had not happened before. The price variation and the way in which it took place were due as much to factors of demand as of supply. El precio del petróleo ha bajado considerablemente en los últimos nueve meses. Lavariedad Brent, referencia para Colombia, descendió de 115 dólares el barril a 55dólares, entre junio de 2014 y marzo de 2015. El precio más bajo se registró el 28 deenero del presente año, cuando el crudo se cotizó a 44,45 dólares el barril. Estedescenso tan rápido y tan pronunciado no se había presentado en el pasado. Universidad Pedagógica y Tecnológica de Colombia 2015-08-21 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf text/html https://revistas.uptc.edu.co/index.php/cenes/article/view/3534 10.19053/22565779.3534 Apuntes del Cenes; Vol. 34 No. 60 (2015); 9-10 Apuntes del Cenes; Vol. 34 Núm. 60 (2015); 9-10 2256-5779 0120-3053 spa eng https://revistas.uptc.edu.co/index.php/cenes/article/view/3534/3631 https://revistas.uptc.edu.co/index.php/cenes/article/view/3534/4980 Copyright (c) 2015 Luis E. Vallejo Zamudio http://creativecommons.org/licenses/by-nc-sa/4.0 |
| spellingShingle | Vallejo Zamudio, Luis E. The fall in oil prices and its impact on the Colombian economy |
| title | The fall in oil prices and its impact on the Colombian economy |
| title_alt | La caida de los precios del petróleo y sus efectos en la economía colombiana |
| title_full | The fall in oil prices and its impact on the Colombian economy |
| title_fullStr | The fall in oil prices and its impact on the Colombian economy |
| title_full_unstemmed | The fall in oil prices and its impact on the Colombian economy |
| title_short | The fall in oil prices and its impact on the Colombian economy |
| title_sort | fall in oil prices and its impact on the colombian economy |
| url | https://revistas.uptc.edu.co/index.php/cenes/article/view/3534 |
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