Dallas Fed Survey Says 3Q Oil and Gas Activity Eases as Outlooks Worsen -- OPIS
Ecopetrol Cut to Sell Equivalent at J.P. Morgan; Vista Energy Named Top LatAm Pick
Negotiations to restart the crisis at the Central Bank of Libya, recent warming in oil prices may return to a downward trend.
The competitors of this OPEC country's government have differences regarding the central bank governor issue; the stalemate has led to a significant decrease in crude oil production, triggering a tense mediation.
Ecopetrol Shares Are Trading Lower After JP Morgan Downgraded the Stock From Neutral to Underweight and Lowered Its Price Target From $12 to $8.5.
Oil: The End of an Era – Rabobank
J.P. Morgan Downgrades Ecopetrol(EC.US) to Sell Rating, Cuts Target Price to $8.5
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6686 : My view is different. some energy stock had fell about 5% yesterday, KOS, EC, NFE, they suffered quite badly for last quarter. DJI had been on the high side and it is time it start a small correction, based on my technical analysis. The value of EC i would say, average price range as for now is worth about $11 from my TA indicators, on the high side, long term it should be worth $30+ just hang on and collect dividend for now and wait to be rich in time to come