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Mexico spends $1bn to lock in oil export prices for 2017 - Financial Times
Financial Times | Mexico spends $1bn to lock in oil export prices for 2017 Financial Times The government's annual hedging programme, designed to guard against market volatility and the prospect of oil price falls, seals in a price of $42 a barrel for 2017. The level is below this year's hedged prices of $49, and $76.40 in 2015, as oil ... Mexico Covers 2017 Oil Revenue at $42 a Barrel Mexico says 2017 oil hedge guarantees $42 per barrel Oil prices lower on Yellen hangover |
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