By The Rio Times | Created at 2026-10-14 02:57:03 | Updated at 2026-10-15 07:02:00
1 day ago
Key Facts
- The USO oil fund rose 1.36% to US$153.09 on Tuesday 13 October, after a 1.91% gain on Monday, so it is up 3.30% in two sessions.
- Ecopetrol’s ADR rose 1.68% to US$17.52 and Petrobras’s 0.31% to US$25.50, while YPF’s ADR fell 0.35% to US$51.79.
- In São Paulo, Petrobras rose 1.52% and PRIO 3.58%, as the Ibovespa fell 1.04%.
- OPEC scheduled its monthly oil market report for 13 October, but we could not confirm its figures at our deadline.
- Prediction markets: Polymarket gives 10.5% to crude oil setting an all-time high by 31 December (US$1.81 million traded on that market, read at 8:50 pm ET on 13 October). Bets, not forecasts.
Today’s Focus
Oil-linked assets rose on Tuesday 13 October. The USO fund, which holds US crude-oil futures, gained 1.36% to US$153.09.
Ecopetrol, Colombia’s state-controlled producer, rose 1.68% in New York. In São Paulo, Petrobras gained 1.52% and PRIO, a Brazilian offshore producer, 3.58%.
InfoMoney said US-Iran tension stayed in focus for markets. Oil shares rose even as Brazil’s broad index fell.
What matters today. Oil is rising for a second day, which lifts producers across Latin America and also feeds petrol prices in the United States.
01 The session in one read
The USO fund rose 1.36% to US$153.09 on Tuesday 13 October. It is up 3.30% in two sessions from Friday’s US$148.20.
Oil producers outperformed the market in São Paulo. Petrobras and PRIO rose while the Ibovespa fell 1.04%.
Assessment — Two-day rise, drivers unconfirmed MEDIUM
Oil funds and producers rose together, and the geopolitical backdrop was in focus. We could not confirm the price driver or OPEC’s forecasts.
The variable to watch is whether the USO fund holds above US$150. A close below it would erase much of the two-day gain.
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02 The board
The fund and most producers rose together. YPF’s New York ADR was the exception, down 0.35%, although its Buenos Aires shares rose 3.29%.
The USO fund is a proxy for US crude futures. It is not the price of Brent or WTI itself.
| Oil (USO fund) | US$153.09 | +1.36% |
| Ecopetrol (ADR) | US$17.52 | +1.68% |
| Petrobras (ADR) | US$25.50 | +0.31% |
| Petrobras (São Paulo) | PETR4 | +1.52% |
| PRIO (São Paulo) | PRIO3 | +3.58% |
| YPF (ADR) | US$51.79 | -0.35% |
Source: RT close, 2026-10-13. Where a commodity has no spot feed, an exchange-traded tracker or leading producer is shown as a labelled proxy.
Rio Times · Live Market Intelligence
Latin America — Cross-Market Board
Regional
Oct 13, 2026 · 23:34
Ibovespa · benchmark
206,887.52 -1.04%
L 167,142day rangeH 168,310
+21.85% over 12 months
Market breadth · 5 names
60% advancing
3 ▲ advancing2 declining ▼
Currencies, rates & key inputs
Latin America scoreboard
IndexLastTodayStrength
IbovespaBrazil 206,887.52 -1.04%
S&P/BMV IPCMexico 67,147.36 +0.60%
S&P IPSAChile 11,020.01 -0.21%
S&P MERVALArgentina 2,869,151 +1.45%
MSCI COLCAPColombia 2,570.34 +1.55%
BVL S&P PerúPeru 60,645.95 -0.22%
Full instrument board
| IBOV | 206,887.52 | -1.04% | +21.85% | 209,066.90 | 168,310 | 167,142 | — |
| IPSA | 11,020.01 | -0.21% | — | 11,043.36 | 11,210 | 10,984 | 1,513,213,483 |
| IPC MEX | 67,147.36 | +0.60% | +12.17% | 66,746.78 | 66,121 | 65,405 | 108,886,187 |
| MERVAL | 2,869,151 | +1.45% | +30.51% | 3,022,485 | 3,042,365 | 2,991,150 | — |
| COLCAP | 2,570.34 | +1.55% | — | 9.04 | 9.05 | 9.02 | 4,133 |
| BVL PERÚ | 60,645.95 | -0.22% | — | — | — | — | — |
| USD/BRL | 5.16 | +0.01% | -5.13% | 5.16 | 5.18 | 5.14 | — |
| EUR/BRL | 5.95 | +1.01% | -5.83% | 5.89 | 5.98 | 5.94 | — |
| USD/MXN | 17.06 | -0.24% | -8.58% | 17.10 | 17.08 | 17.01 | — |
| USD/CLP | 913.98 | +0.04% | -5.67% | 913.65 | 915.11 | 906.68 | — |
| USD/COP | 3,140 | +0.03% | -22.04% | 3,139 | 3,141 | 3,105 | — |
| USD/PEN | 3.36 | -0.66% | -4.82% | 3.38 | 3.38 | 3.35 | — |
| USD/ARS | 1,493 | +0.10% | +12.96% | 1,491 | 1,494 | 1,480 | — |
| USD/UYU | 40.27 | +1.24% | +1.80% | 39.77 | 40.27 | 40.23 | — |
| USD/PYG | 5,939 | +1.68% | -19.54% | 5,841 | 5,939 | 5,925 | — |
| USD/BOB | 11.64 | -0.76% | +72.04% | 11.73 | 11.72 | 11.64 | — |
| USD/DOP | 58.34 | +1.25% | -3.44% | 57.62 | 58.34 | 58.04 | — |
| USD/CRC | 445.92 | +0.89% | -9.71% | 441.97 | 448.50 | 445.92 | — |
Largest moves today
USD/PYG 5,939 +1.68%
COLCAP 2,570.34 +1.55%
MERVAL 2,869,151 +1.45%
USD/DOP 58.34 +1.25%
USD/UYU 40.27 +1.24%
IBOV 206,887.52 -1.04%
EUR/BRL 5.95 +1.01%
USD/CRC 445.92 +0.89%
The session read
The Ibovespa eased 1.04%, with breadth positive — 3 of 5 names higher. COLCAP led, while BVL PERÚ lagged.
E
◆ Live Company Intelligence
Ecopetrol
NYSE: ECECOPETROLEnergyOil & Gas Integrated
$35.42B
Market cap
Analyst target $14.30
Wall Street view
2.4Reduce/ 5
0 Buy7 Hold4 Sell
Avg. price target $14.30 · -2% vs 200-day
Valuation & profitability
Market cap$35.42B
Revenue (TTM)$125.67T
P / E ratio9.4
Profit margin10.2%
Return on equity16.0%
Price & risk
52-wk low
$8.1652-wk high
$18.38
Beta (volatility)-0.04
200-day average$14.61
Revenue trend · 6y
20202025
Latest $111.48T
Ownership
Institutions1.4%
Shares outstanding2.06B
Top holderBlackRock Inc
Institutional holders5+ funds
Dividend
No regular dividend — earnings reinvested for growth.
What Ecopetrol does. Ecopetrol S.A. operates as an integrated energy company. It operates through four segments: Exploration and Production; Transport and Logistics; Refining and Petrochemicals; and Energy transmission and Toll Roads Concessions. The Exploration and Production segment engages in the exploration and production of oil and gas. The Transport and Logistics segment is involved in…
03 What moved it
InfoMoney named US-Iran tension as a theme that stayed on investors’ radar. We could not confirm a single oil-price driver for the day.
OPEC’s monthly oil market report was scheduled for Tuesday 13 October, according to RT’s calendar. We could not confirm its forecasts by our deadline, so we do not quote them.
04 The Latin American read
Argentina’s Vaca Muerta, Brazil’s pre-salt fields, Colombia’s Ecopetrol and Guyana’s offshore boom all sell into the same global price. Higher oil helps their exports and tax take.
For US readers, the same rise can lift petrol prices at home. That matters well beyond the producers.
05 The names to watch
YPF is the clearest US-listed bet on Argentina’s shale. Petrobras is the largest producer in Latin America.
Ecopetrol links Colombia’s budget to the oil price. Its ADR gained 1.68%.
What Prediction Markets Say
Polymarket, a prediction market, priced crude oil setting a new all-time high by 31 December at 10.5%, with US$1,810,742 traded on that market (read at 8:50 pm ET on 13 October).
These prices are bets on a record price, not forecasts.
Why we show this: prediction markets turn real-money bets into a live probability that moves within minutes of the news, which is why investors, campaigns and newsrooms in the United States now follow them closely. We show them next to polls and official results, never instead of them.
06 The outlook
Traders will watch for fresh shipping incidents, the content of OPEC’s report and any change in OPEC+ policy. We could not confirm the settle of Brent or WTI futures for Tuesday, so we quote the USO fund only.
US inflation data on Wednesday 14 October could move the dollar and with it oil. A second strong day would extend a sharp two-session rise.
07 What to watch
- OPEC’s report: Its demand and supply forecasts will frame the next move.
- Shipping and Iran headlines: New incidents would add a risk premium.
- US consumer prices: The September reading is due on Wednesday 14 October at 12:30 UTC (8:30 am ET).
- The US$150 line on USO: A close below it would erase much of the two-day gain.
Background: Oil Fund Jumps 1.91% as YPF Rises 3.86%.
Background: Merval Slips 0.2% as Telecom Falls 3.4%.
More: Latin America news in English, every day from The Rio Times.
Frequently Asked Questions
Why did oil stocks rise on 13 October?
The USO oil fund rose 1.36% to US$153.09, and Ecopetrol, Petrobras and PRIO also gained. We could not confirm a single price driver.
What is the USO fund?
USO is the United States Oil Fund, which holds US crude-oil futures. It is a proxy, not the Brent or WTI price.
What happened to YPF?
YPF’s New York ADR fell 0.35% to US$51.79, while its Buenos Aires shares rose 3.29%.
What do prediction markets say about oil?
Polymarket priced a new record oil price by 31 December at 10.5%, as of 8:50 pm ET on 13 October. These are bets, not forecasts.
Market data: RT; São Paulo close: InfoMoney; prediction markets: Polymarket (as of 8:50 pm ET, 13 October 2026)
This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief
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