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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.
https://mexicobusiness.news/tag/wti
More Oil & Gas
By Perla Velasco - Thu, 08/14/2025 - 09:23
The Mexico Energy Forum highlighted hydrocarbons’ continuing role in the energy transition.
By MBN Staff - Tue, 08/05/2025 - 12:47
The decision follows a virtual meeting held on Aug. 3, 2025, to review global market conditions.
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.
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.
By MBN Staff - Tue, 06/24/2025 - 16:28
Oil prices ease after Israel and Iran reach a ceasefire. Brent drops 12% from Friday’s peak, with WTI and Mexico’s oil mix following the same trend.
By Perla Velasco - Tue, 11/05/2024 - 11:47
Ahead of the 2024 US elections, oil prices increased by about 3% following another OPEC oil production cut.
By Reneé Lerma - Mon, 09/23/2024 - 17:03
For the week of Sep. 21-27, the Mexican government will not provide fiscal stimulus for Magna gasoline, the third consecutive week without support.
By MBN Staff - Wed, 08/07/2024 - 09:38
Oil prices fell 1.5% on Aug. 5 due to US recession fears, with Brent and WTI hitting lows despite rising Middle East tensions.
By MBN Staff - Fri, 07/26/2024 - 09:16
The federal government reduced Magna gasoline subsidy by 66% due to falling oil prices. Other fuels were unaffected.
