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Unrest in Colombia could stir oil markets

Wednesday, November 27, 2019

Could current unrest in Colombia impact its economic relationship with the U.S? Crude oil is Colombia’s biggest export.

And despite a glut of domestically produced light crude from shale fields, U.S. refineries are hungry for heavy crudes they need for blending — just as unrest elsewhere in the world is taking other heavy sources offline, Forbes reports.