Closing price of Mexican oil today July 27



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Mexico City /

The price of Mexican export oil recorded a loss of 36 cents, compared to the previous day, to quote at 65.40 dollars a barrel, reported Petróleos Mexicanos (Pemex) .

On Friday, the main cruco blends showed an upward correction, after three consecutive weeks of lossy trading, given evidence that the world's supply of crude oil is declining, he explained. Base bank.

He pointed out that previously, the price of crude oil had dropped, under pressure from the President of the United States, Donald Trump to OPEC to increase production of crude oil due to the high price of gasoline .

This made the market believe that the cartel could once again flood the rough market, according to the financial institution.

The optimism of a decrease in supply occurred when Energy Information Administration (EIA) published that crude oil inventories decreased by 6.14 million barrels during the previous week.

In this context, crude oil West Texas Intermediate (WTI) fell by $ 1.04 to $ 68.57 per barrel, while Brent lost 52 cents at $ 74.02 a barrel.

CPR

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