OilPrice.com | Mexican Oil Giant Slammed By Low Oil Prices, Announces $32 Billion Loss OilPrice.com For a long time, the impact of the collapsing Petrodollar was concentrated almost entirely on African and Mid-east oil exporting nations, of which none has been impacted more perhaps that ground zero itself, Saudi Arabia, which has seen a record surge ... Oil Giant Pemex Losses Top $30 Billion On Price Plunge, Spending Cuts, Mexican Company Says Mexico Will Defer Oil Exploration Projects to Slash Spending Cash-starved Pemex slashes spending and oil output |