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By Fernando Mares - Wed, 08/12/2026 - 11:08
Oil trades near US$89/b as Hormuz shipping drops, exacerbating long-term supply limits from a decade of underinvestment, industry inisders say.
https://mexicobusiness.news/tag/mexican-crude-oil-basket
More Oil & Gas
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 - 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.
By Peter Appleby - Tue, 03/31/2020 - 15:01
The Mexico crude basket price has reached a 21-year low. Experts are suggesting it can go lower.
