Oil price plunge ramps up pressure on Pemex; hedge programs in focus
08 Mar Oil price plunge ramps up pressure on Pemex; hedge programs in focus
Posted at 23:35h
in
News
by KMFSLLP
A crash in crude prices has
intensified pressure on the finances of Mexican state oil firm
Petroleos Mexicanos (Pemex), which is facing the threat of a
ratings downgrade after posting one of its worst-ever losses
last year.
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