
Colombian Firms Brace for Gas Crunch as Deficit Seen Widening
Supplies of the fuel are expected fall at least 10% short of demand next year, compared with 5% currently, according to the commodities exchange. In a worst case scenario, the shortfall could reach 20%.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
5 hours ago
- Bloomberg
Iran Says It's Close to Resolving Gas Export Issues With Iraq
Iran and Iraq are close to resolving a dispute over disruptions to Iranian gas supplies and Baghdad's unpaid dues for the exports, Iran's Oil Minister Mohsen Paknejad said Saturday. 'We will soon witness the resolution of both issues,' the state-run IRIB News cited Paknejad as saying after meeting with Iraq's Electricity Minister Ziad Ali Fadhil in Tehran.


Bloomberg
5 hours ago
- Bloomberg
The Fight Over Venezuela's Most Valuable Asset Is Heating Up
Welcome to The Brink. I'm Nicolle Yapur, a reporter in Bogota, where I'm following the auction for PDVSA's most valuable foreign asset. We also have news on the second-quarter's surge in defaults led by distressed private equity-backed firms bought with floating-rate loans before the Fed's hiking cycle began. Follow this link to subscribe. Send us feedback and tips at debtnews@ or DM. A legal fight over a unique bond issued by Venezuela 's state-owned oil company is heating up.
Yahoo
6 hours ago
- Yahoo
Grupo Aval Acciones y Valores S.A. (AVAL) Raises $300 Billion Bonds to Fuel Growth and Sustainability Efforts
We recently compiled a list of the 10 Best Low Cost Stocks To Buy Under $50. Grupo Aval Acciones y Valores S.A. stands ninth on our list. Grupo Aval Acciones y Valores S.A. (NYSE:AVAL), founded in 1994, is a prominent Colombian financial holding company with a strong presence in Colombia and Central America. It operates through a diverse portfolio of subsidiaries, including Banco de Bogotá, Banco de Occidente, Banco Popular, and Corficolombiana, offering services in banking, lending, pensions, insurance, and investments. In 2025, Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) has shifted strategic focus toward digital transformation and ESG (environmental, social, and governance) leadership. The company continues to enhance digital banking across its subsidiaries, responding to fintech competition and evolving customer preferences. Investment in digital infrastructure is enabling new loyalty programs and customer engagement platforms, signaling a long-term commitment to innovation. The business has also made notable progress in sustainability. Its April 2025 sustainability report outlines advancements in financial inclusion, sustainable financing, job creation, and environmental protection. The corporation improved its standing on the Merco ESG index and expanded various social and environmental programs across the region. A data analyst in front of a computer monitor, analyzing a series of financial trends. Financially, Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) demonstrated strong investor confidence by issuing $300 billion in bonds in early 2025, which will support further growth and ESG initiatives. Regionally, it continues to strengthen operations in Central America, using its diversified model to ensure stability and expansion. While we acknowledge the potential of AVAL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data