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KM Financial Solutions | UPDATE 2-Mexico spends $1.2 bln on 2019 oil hedge, locks in $55 per barrel
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UPDATE 2-Mexico spends $1.2 bln on 2019 oil hedge, locks in $55 per barrel

09 Jan UPDATE 2-Mexico spends $1.2 bln on 2019 oil hedge, locks in $55 per barrel

Posted at 23:05h in News by
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Mexico completed its 2019
oil hedge, the world’s largest sovereign derivatives trade,
guaranteeing an average price of $55 per barrel for Mexican
crude for the year after buying $1.23 billion in put options,
the finance ministry said on Thursday.

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