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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
More Oil & Gas
By Peter Appleby - Tue, 05/26/2020 - 16:03
On Monday night, Mexico’s crude oil basket was valued at US$27.30 per barrel.
By Peter Appleby - Thu, 05/21/2020 - 16:37
Prices are staying positive and continue to increase as demand rises.
By Peter Appleby - Mon, 05/18/2020 - 17:14
The industry’s recent upward trend offers reasons to be cheerful, but with so much yet to be seen, it must remain cautious.
By Peter Appleby - Thu, 05/07/2020 - 14:21
The gradually improving health of oil prices cannot save jobs as companies enact more cost-reduction measures.
By Peter Appleby - Wed, 05/06/2020 - 13:46
Prices have fallen today after several days of growth. This is a signal of what is to come.
By Peter Appleby - Tue, 04/28/2020 - 13:09
The “inflection phase” that is producing spiking oil prices will last until maximum storage will hit. But how long will rebalancing take?
By Peter Appleby - Tue, 04/21/2020 - 17:18
Negative oil prices have dragged the Mexican oil basket below zero. How will PEMEX survive in these market circumstances?
By Peter Appleby - Wed, 04/15/2020 - 14:23
Oil prices have not responded to OPEC+’s historic cut. With demand waning, storage capacity is one again under the spotlight.
By Peter Appleby - Tue, 04/07/2020 - 14:45
Ahead of the OPEC+ meeting, oil prices continue to rise. The market’s hope suggests reductions will be agreed.
