Closing price of Mexican oil today 2 july

The day of this Monday the Mexican export oil recorded a profit of 48 cents, compared to last Friday's session, to quote at $ 69.20 a barrel, reported Petróleos Mexicanos (Pemex) .

According to Banco Base, oil ended the first session of the week with losses, given the increase in crude oil production on a global scale and the Expectation that it will continue to increase.

The decline in the price of crude oil was given by the reports of Russian Ministry of Energy and the estimates of production and export of Saudi Arabia that show that the supply Crude oil has increased.

The Ministry of Energy of Russia announced in its preliminary data that the country had increased its oil production to a level of 11.06 million barrels per day (mbd), exceeding its production quota of 10.95 million On the other hand, it is estimated that crude oil production from Saudi Arabia during the month of June could have risen by 330,000 barrels a day to reach 10.3 million barrels a day, and it is estimated that Saudi crude oil export has reached a maximum of 15 months, or 7.47 million barrels per day during the month of June.

In this context, crude oil West Texas Intermediate (WTI) recorded a decline of nine cents to sell at $ 74.06 per barrel, while Brent has lost $ 1.79 to offer $ 77.65 per barrel

CPR