Monday, June 15th, 2026
The Unión Sindical Obrera (USO) announced in the early hours of June 13 that it had reached a collective agreement with Ecopetrol, closing a labor conflict that had been running since May 2025 and which included a 24-hour strike the union called to press its demands. Negotiations concluded at approximately 4:50 a.m., according to the union.
Colombia’s oil and gas industry association, the ACP, has issued a public alert over a work stoppage that began June 5 at production fields in Puerto Gaitán, Meta, organized by members of the metalworking trades.
The Petro administration has announced the reactivation of the former Impala terminal in Barrancabermeja under a new name — Puerto Voluntad — with operations set to begin July 1.
Colombia’s May 2026 headline inflation rose to 5.84%, according to DANE, with the main drivers in rental housing, water supply, food, and restaurants. Within the utilities subcomponent, however, gas performed strikingly differently: residential gas prices rose just 0.45% month-on-month, contributing a negligible 0.01 percentage points to overall inflation.
The Colombian stock market became briefly the best-performing bourse in the world on June 1, with the MSCI Colcap index surging around 6% in early trading after Abelardo de la Espriella topped the presidential first round with 43.7% of the vote, a margin well above what Wall Street consensus had expected.
Liquefied petroleum gas (LPG) — the propane-butane blend sold in cylinder form in Colombian homes — is emerging as an increasingly strategic energy source at precisely the moment the country’s natural gas supply is under the greatest pressure it has faced in years.
Colombia’s crude oil exports hit their highest level since July 2022 in April 2026, reaching US$1.62B for the month — a surge driven not by increased output but by Iran War-driven price strength in international markets.
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