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On Monday, Mexican export oil recorded a gain of 48 cents compared to last Friday's session, to quote 69.20 dollars a barrel Petróleos Mexicanos (Pemex) .
According to Banco Base the oil ended the first session of the week with losses, due to the increase in oil production at the level
The decline in the price of oil crude was given by the reports of Ministry of Energy of Russia and the estimates of production and export of Saudi Arabia which shows that the l 39; oil supply has increased.
The Russian Ministry of Energy announced in its preliminary data that the country had increased its oil production to a level of [11] or 11.06 million barrels. daily (mbd), exceeding its production quota of 10.95 million barrels per day which had been agreed at the end of 2016.
For its part, it is estimated that the production Saudi crude oil during the month of June could have increased from 330,000 barrels per day to 10.3 million barrels per day and it is estimated export of Saudi crude reached 15 7.47 million barrels per day during the month of June
In this context, crude oil West Texas Intermediate (WTI) recorded a decline of selling at $ 74.06 per barrel, while Brent lost $ 1.79 to bid at $ 77.65 a barrel.
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