OPEC

Mexico Will Not Change December Prices 

Despite the recent gyrations in the spot market Mexico has no intention of changing the December prices for its export crudes, according to a statement issued on ll December by the state oil company Pemex. Pemex recently announced increases ranging from 55 cents/B to 85 cents/B (according to destination) in the price of its light Isthmus crude for Deeember (MEES, 2 December). The statement added, however, that Mexico would be on the alert...