Despite slower regional and global growth, real GDP grew 3.3 percent in 2019 and is forecast to grow by 3.4 in 2020 led by internal demand. Sustained immigration, remittances, and accommodative monetary and credit conditions are expected to continue supporting private domestic demand, including rising investment. Notwithstanding growth resilience, the labor market remained weak in 2019.

In the first nine months of 2019, US thermal exports were more than 10 million mt below the year-ago period's total, and vessel tracking data show October exports are expected to come in close to September levels.

Colombia has awarded contracts for wind and solar projects worth about $2.2 billion, the government said on Tuesday, as part of its efforts to boost renewable energy generation in the Andean country.

Statoil has signed farm-in agreements with Repsol, acquiring a 10% equity share in the Tayrona licence and a 20% equity share in the Guajira Offshore 1 licence.

Colombia's U'wa Indians Continue Oil Protests After Talks Fail