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Mexico Collects $2.65 Billion from 2016 Oil Hedges - Wall Street Journal

Wall Street Journal

Mexico Collects $2.65 Billion from 2016 Oil Hedges
Wall Street Journal
MEXICO CITY—The Mexican government collected $2.65 billion from oil-price hedges taken out to protect the 2016 budget from a drop in prices, the Finance Ministry said Wednesday. The government hedged oil for this year at $49 a barrel to cover a budget ...
Mexico receives $2.65 billion in 2016 oil hedgeReuters

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