OPEC AND OIL PRICES

Mexican Prices for Second Half February 

Mexico's Pemex has announced price reductions of some $1.50-1.60/b for crude deliveries to the US market for the second half of February. As from 1 March, Mexico is moving to a cargo-by-cargo pricing system (MEES, 3 March). Details of prices for the second half of February are as follows:

 Isthmus (34°) Maya (22.7°) Date Western Hem. Europe Far East Western Hem. Europe Far East l Nov. 27.50 26.75 26.90 23.10...