OPEC AND OIL PRICES

Mexico Raises Isthmus Prices for December 

In the face of the continuing buoyancy in the market for light crudes, the Mexican national oil company Pemex has announced an increase in the prices of its light Isthmus crude effective 1 December. The increases range from 55 cents/B for crude exported to the Far East to 85 cents/B for exports to Europe and the Western Hemisphere. The prices of Mexico's heavier Maya crude, which were reduced last month (MEES, 4...