KM Financial Solutions | The numbers don’t add up at Mexico’s Pemex as oil prices crash
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The numbers don’t add up at Mexico’s Pemex as oil prices crash

The numbers don’t add up at Mexico’s Pemex as oil prices crash

Prices for Mexico’s main
crude export plunged last week to 18-year lows, giving President
Andres Manuel Lopez Obrador the harsh choice between pursing his
nationalist energy agenda or taking unpopular steps to prevent
ratings agencies from downgrading the credit of national oil
company Pemex to junk.

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