⇩ -0.0501 -0.21%
Buy23.5161
Sell24.2576
Week To Date ⇩ -0.46 -1.89%
Month To Date ⇧ 0.44 1.88%
Quarter To Date ⇧ 0.44 1.88%
Year To Date ⇧ 5.18 27.72%
With Trump ⇧ 2.14 9.84%
With AMLO ⇧ 3.80 18.89%
Time: Deal to Save Oil Market From Coronavirus Falters After Mexico Walks Away
U.K.: Mexico delays oil output deal reached by OPEC+ - Kuwait oil ministerU.S.: Mexico proposes 100,000 bpd oil output cut at OPEC meetingU.S.: OPEC+ outlines oil cut deal, but Mexico holds up final agreement: sourcesU.S.: Saudi energy minister says OPEC+ oil pact hinges on Mexico joining
Saudi-Russia Oil Deal Under Threat as Mexico Walks Out of OPEC+ Talks| Entity | Dollars | Pesos | Buy | Sell |
|---|---|---|---|---|
| Banco Azteca | 22.10 | 23.89 | ||
| Banco de México, FIXFIX | 24.0925 | |||
| Banco de México, Interbancario 48 hrsInterbancario | 24.01 | |||
| Banorte | 22.90 | 24.35 | ||
| BBVA Bancomer | 23.22 | 24.42 | ||
| DOF, Diario Oficial de la Federación of Wednesday | 24.0388 | |||
| Inbursa | 23.70 | 24.70 | ||
| Intercam | 23.64 | 24.34 | ||
| IXE | 22.90 | 24.35 | ||
| Monex | 23.83 | 24.40 | ||
| Para pagos de obligacionesPara pagos | 24.0388 | |||
| SAT, Servicio de Administración Tributaria of Wednesday | 24.0388 | |||
| n = 12 | 23.5161 | 24.2576 | ||
| 23.8868 | ||||
The recent slump in global oil prices as demand declines has led most producers to reduce spending and in some cases their output. But not Pemex.
The headline cut equates to a reduction of about 10% of global supply, it makes up just a fraction of the demand loss
Kuwait's oil minister, Khaled al-Fadhel, said Mexico has delayed the agreement reached by OPEC+ to cut oil output by 10 million barrels per day (BPD) which was agreed in a meeting held on Thursday.
In a meeting with OPEC and its allies, Mexico proposed reducing its oil output by 100,000 barrels per day (bpd) in the next two months, Energy Minister Rocio Nahle said on Thursday.
OPEC, Russia and other allies outlined plans on Thursday to cut their oil output by more than a fifth and said they expected the United States and other producers to join in their effort to prop up prices hammered by the coronavirus crisis.
Saudi Arabia's energy minister said on Friday that a final OPEC+ oil supply pact to reduce 10 million barrels per day (bpd), which was agreed on Thursday, hinges on Mexico joining in the cuts.
(Bloomberg) -- An agreement between Saudi Arabia and Russia for record oil-production cuts was endangered late on Thursday as Mexico refused to participate in the curbs and left the meeting without approving the deal.The impasse, which came after more than 9 hours of talks via video link, cast doubt
The two countries agreed in principle to lead a 23-nation coalition in massive oil-production cuts after a monthlong feud devastated oil prices. But Mexico abruptly exited the talks, jeopardizing a final pact.
The content rights of the social graph links are from their publishers, allowed via Open Graph. n = 8
The values was the last recorded at the end of the day based on public information of each entity. Use the amounts values as references only. The dollar currency denoted is the 'US Dollar' designated by ISO4217 with the alpha code 'USD' and the numeric code '840'. The peso currency denoted is the 'Mexican New Peso' designated by ISO4217 with the alpha code 'MXN' and the numeric code '484'.
