Mexico weighs price cut in weakening oil market

Mexico, America's fourth-largest foreign crude-oil supplier, is considering cutting prices on its crude exports in April or May because of weakening world oil markets, Petroleum Intelligence Weekly reported Monday. The oil journal said Mexico is reviewing a possible price reduction for its heavy Maya crude, "because United States buyers complain they are losing money on refining it at its present price of $34.50 a barrel."

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK