OPEC AND OIL PRICES

Mexico Raises Light Crude Prices and Drops Heavy Crude Prices 

Mexico's Pemex has announced an average increase of $0.60/B in the price of its light Isthmus crude together with an average reduction of $0.40/B in the price of its heavy Maya crude, with effect from 1 November. According to Pemex, the changes will result in a net increase in the average price of Mexican crude. The new prices, which vary according to the export destinations, are as follows:

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