Business · Energy & Commodities · 1 day ago

Mexico’s oil export blend priced at $94.70 a barrel on October 9

Mexico’s oil export blend priced at $94.70 a barrel on October 9

Mexico’s export oil blend was priced at $94.70 per barrel on Friday, October 9.

Pemex, Mexico’s state oil company, publishes the estimate using daily market prices and regional pricing formulas.

The figure is an estimate for information purposes.

Mexico produces three main types of crude: Maya, Istmo and Olmeca.

Maya is heavy crude and is the country’s most exported blend, while Istmo is light and Olmeca is extra light.

The different types of crude yield different amounts of fuels and other products when processed.

The price gives a daily reference for Mexico’s crude exports; no further developments are stated.

Sources

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