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Mexico reaps $2.65 billion from oil-price hedges - MarketWatch
MarketWatch | Mexico reaps $2.65 billion from oil-price hedges MarketWatch 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 ... Mexico receives $2.65 billion in 2016 oil hedge |
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