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By MBN Staff - Mon, 03/04/2024 - 10:35
The US Department of Energy's Oil Reserves Office requested about 3MMb of oil to deliver to the Strategic Petroleum Reserve in August 2024.
https://mexicobusiness.news/tag/oil-prices
More Oil & Gas
By Perla Velasco - Thu, 02/01/2024 - 10:52
Mexico did not activate its oil hedge in 2023, citing an alignment of oil prices with expectations throughout the year.
By Perla Velasco - Thu, 02/01/2024 - 08:59
Oil revenue in 2023 stood below projections, and the NOC’s debt for 2024 is covered, reports the Treasury.
By Perla Velasco - Thu, 01/18/2024 - 08:54
PEMEX submitted its Sustainability Plan to address ESG concerns, which has been pointed out as a major challenge to attract investment.
By Perla Velasco - Tue, 01/16/2024 - 13:31
Analysts expect oil prices to remain between US$75/b and US$85/b, with little variation compared to 2023.
By Perla Velasco - Thu, 12/28/2023 - 12:19
Mexican conglomerate, Grupo Carso, announced the acquisition of Petrobal’s operations in Mexico’s upstream sector.
By Perla Velasco - Wed, 12/20/2023 - 16:13
The industry left behind logistics and financial challenges brought by the pandemic. However, the high prices that marked 2022 stayed behind, as well.
By Perla Velasco - Fri, 12/15/2023 - 12:56
PEMEX reported on the advances in the formulation of strategies aimed at emissions reduction and the energy transition.
By Perla Velasco - Tue, 11/07/2023 - 15:10
Exports of Olmeca light crude ceased in September, after two months being resumed.
By Perla Velasco - Thu, 10/19/2023 - 12:12
Mexico is looking to secure its oil income for next year with its traditional hedge fund.