Mexico Calls for Output Restraint by Non-OPEC and More Flexibility by OPEC in Setting Official Prices as Solution for Current Malaise
Non-OPEC Mexico has proposed a combination of output restraint by non-OPEC exporters and increased flexibility on the part of OPEC in setting official prices as the best solution to the current malaise in the world oil market. However, in the Mexican view, pricing mechanisms such as product netbacks or automatic spot-related crude formulas should...
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