Mexico casts wider net for oil buyers as U.S. interest wanes

Mexico isn’t breaking up with U.S. oil refiners, but it sure seems like it wants to see other people.

Mexico reduced its crude exports to the U.S. in September to the lowest level in more than 25 years as it looks further away for buyers with Gulf Coast refiners flooded with shale and oil sands.

Petroleos Mexicanos, the state-owned oil company, shipped…

http://www.worldoil.com/news/2015/11/04/mexico-casts-wider-net-for-oil-buyers-as-us-interest-wanes

Leave a Reply

Your email address will not be published. Required fields are marked *