OPEC AND OIL PRICES

Mexico Raises Export Ceiling by 31,000 b/d

On 18 July Mexico announced that it has raised its export ceiling by 31,000 b/d effective 1 July, from the previous 1,329,000 b/d to 1,360,000 b/d. The announcement described the increase as a seasonal adjustment and said that actual exports could vary 2% above or below the target figure.