Ecopetrol S.A. (EC) has warned that its profits may take a significant hit following the recent slump in oil prices. The decline in oil prices could lower its profits by up to 12 trillion pesos in 2025 and may also require the company to halt production in certain fields.U.S.-China Trade Tensions Fuel Oil Price UncertaintyPer Reuters, EC’s president Ricardo Roa had mentioned that the company may have to cease production in some fields and focus on assets having lower costs. The ongoing tensions due to the i ...