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Oil Prices Stress Markets; PEMEX Refining Strategy Under Scrutiny
By Perla Velasco - Mon, 12/01/2025 - 13:26
Global oil markets ended last week under pressure as crude prices continued to decline, refining margins eased and elevated freight rates.
https://mexicobusiness.news/tag/oil-prices
More Oil & Gas
Brent Crude Futures Enter Deepest Contango Since December 2023
By MBN Staff - Fri, 10/24/2025 - 10:55
The Brent crude front-month futures contract has reached its lowest discount relative to the six-month contract since December 2023.
Oil Markets Struggle With Oversupply as Demand Growth Falters
By Andrea Valeria Díaz Tolivia - Fri, 09/19/2025 - 09:32
Global oil demand stagnates while supply surges to record highs, pushing stocks higher and keeping Brent crude near US$67/b.
PEMEX Debt Relief Central to Mexico’s 2026 Economic Package
By Perla Velasco - Tue, 09/09/2025 - 15:31
Mexico’s proposed 2026 Federal Government Economic Package reaffirms fiscal support for PEMEX and SENER.
IEA: 2025 Global Oil Supply to Exceed Expectations
By MBN Staff - Thu, 08/21/2025 - 15:49
IEA has revised its forecast for global oil supply growth, projecting a stronger-than-expected increase for 2025 and 2026.
IEA Cuts 2025 Oil Demand Outlook as Supply Growth Accelerates
By Andrea Valeria Díaz Tolivia - Tue, 08/19/2025 - 08:30
IEA trims 2025 oil demand forecast on weak consumption in key economies, while OPEC+ and non-OPEC+ ramp up supply.
Oil Prices Steady, Post Sharp Weekly Losses Amid Tensions
By MBN Staff - Mon, 08/11/2025 - 16:25
Oil prices end stable but mark biggest weekly drop since June amid US-Russia tensions and rising tariffs on Indian oil imports.
Oil Prices Drop Despite New Sanctions and US Threats on Russia
By MBN Staff - Tue, 07/22/2025 - 11:49
Crude prices slipped slightly as the EU tightened sanctions on Russian oil and Trump threatened 100% tariffs unless Moscow agrees to a peace deal.
Oil Prices Stabilize Following Israel-Iran Ceasefire
By MBN Staff - Wed, 07/02/2025 - 17:06
Oil and gas prices stabilized as the Israel-Iran ceasefire calmed markets. Prices may rise soon, however, as summer drives up power and gas demand.
Oil Prices Could Benefit Mexico: The Week in Oil and Gas
By MBN Staff - Thu, 06/26/2025 - 12:45
Recent estimates indicate that rising oil prices could significantly impact the nation's federal revenues.