UPDATE 2-Mexico poised to provide Pemex with ‘extraordinary support’ -S&P
Mexico’s government will
likely prop up state oil firm Petroleos Mexicanos (Pemex) due to
its vulnerability to low crude prices as coronavirus erodes
demand, S&P Global Ratings said Friday, a day after it cut the
ratings of both Mexico and Pemex.
likely prop up state oil firm Petroleos Mexicanos (Pemex) due to
its vulnerability to low crude prices as coronavirus erodes
demand, S&P Global Ratings said Friday, a day after it cut the
ratings of both Mexico and Pemex.
Posted by Reuters
