Oil price plunge ramps up pressure on Pemex; hedge programs in focus
A crash in crude prices has
intensified pressure on the finances of Mexican state oil firm
Petroleos Mexicanos (Pemex), which is facing the threat of a
ratings downgrade after posting one of its worst-ever losses
last year.
intensified pressure on the finances of Mexican state oil firm
Petroleos Mexicanos (Pemex), which is facing the threat of a
ratings downgrade after posting one of its worst-ever losses
last year.
Posted by Reuters
