Closing price of Mexican oil today 19 July



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Agencia Notimex

Mexico / 19.07.2018 19:22:37

On this Thursday, the export of Mexican oil recorded a gain of 33 cents, with report at the meeting yesterday, to quote at 64.32 dollars a barrel, reported Petróleos Mexicanos (Pemex) .

According to Banco Base, the main oil blend ended the session with mixed results

The losses of Brent occurred after the Saudi governor before Adeeb Al Country Organization -Aama, oil exporters (OPEC) said in a statement that his country expects crude exports to drop by 100,000 barrels per day in August, as they will limit the surplus of production .

While the comments of Saudi Arabia allowed the gains in the price of crude oil West Texas Intermediate (WTI) this did not occur in the case of Brent.

The Kingdom of Saudi Arabia was pushed by the President of the United States, Donald Trump, to increase the world oil production, since price of the essences are very tall.

This led Saudi Arabia to increase production in June to nearly 10.5 million barrels a day; However, Saudi Energy Minister, Khalid Al-Falih, said that they will not increase the supply of hydrocarbons because they will only respond to the request of their users.

In this context, West Texas Intermediate (WTI) oil reported a profit of 70 cents, to sell at $ 69.46 per barrel, while Brent dropped 32 cents to bid at $ 72.58 on barrel.

RCR

    
  

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