US Renews Purchases of Mexican Crude for SPR
The US Department of Energy on 12 November announced that it has signed aone-year agreement with the Mexican state oil company Pemex to purchase 65,000b/d of Mexican crude for the Strategic Petroleum Reserve (SPR). Announcing theagreement, Energy Secretary John Herrington said that "Mexico has been oneof our most reliable and economic suppliers of crude oil for the SPR." Aprevious agreement with Pemex, signed in...
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