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Rising Oil Causes Concerns for Airline Profit Margins
By Reneé Lerma - Fri, 09/22/2023 - 17:14
The steep rise in fuel prices and labor-related expenses is a dual blow for an industry striving to rebound from the setbacks of the pandemic.
https://mexicobusiness.news/tag/brent
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PEMEX Cliffhanger: The Good, the Bad and the Ugly in 2023
By Alejandro Valerio - Thu, 03/09/2023 - 17:00
Like everything in life, PEMEX’s outlook is not black and white, but gray in 2023, writes Alejandro Valerio.
 Average Price of Fuel Cheaper in the US than in Mexico
By Conal Quinn - Fri, 09/30/2022 - 19:46
The average price of regular gasoline in the US is now 8.1 percent cheaper on average than its Mexican equivalent
Oil Rises Over US$1/b Due to Supply Shortages
By Anamary Olivas - Wed, 08/24/2022 - 20:50
Oil rose more than a dollar a barrel as supply tightness came back into focus as Saudi Arabia floated the idea of cutting OPEC+ output
Choppy Seas Ahead in Crude Oil Prices
By Gabriel Cerdio - Tue, 06/14/2022 - 11:00
The Russia-Ukraine war’s impact on oil prices will continue not just in the short term but longer term as well, writes Gabriel Cerdio Gudiño.
Oil Production in the Gulf Continues to be Affected
By Antonio Trujillo - Tue, 09/28/2021 - 11:19
Up to 16 percent of offshore production is still offline following Hurricane Ida’s Path of Destruction.
Tropical Storm Nicholas Takes Toll on Oil Prices
By Antonio Trujillo - Wed, 09/15/2021 - 11:24
West Texas Intermediate (WTI) crude is selling for a session high of US$74.28, while Brent crude did for US$74.06.
OPEC+ Pushes Back Meeting Hitting Prices
By Peter Appleby - Wed, 06/03/2020 - 13:26
The expected OPEC+ meeting looks unlikely to happen.
One More Month of OPEC+ Cuts?
By Peter Appleby - Tue, 06/02/2020 - 12:36
OPEC+ nations are considering extending production cuts. Will Mexico commit?
Oil Prices Close Historic May; COVID-19 Still Going Strong
By Peter Appleby - Mon, 06/01/2020 - 16:25
Oil prices leaped in May after falling below zero during the same month. But service providers will feel the effects for the long-term