Closing price of Mexican oil today 29 june



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Agencia Notimex

In the day of this Friday the Mexican Petroleum Export recorded a profit of 1.64 dollars, by report at Thursday's meeting, to quote at 68.72 dollars a barrel, reported Petróleos Mexicanos (Pemex) .

According to Banco Base, the main crude oil mixtures ended the second quarter of the year with significant gains, which occurred mainly over the last two years weeks, with news They have reinforced the expectation that the global supply of oil will continue to decline.

Among the main factors that caused the increase in the price of the hydrocarbon is the official departure of United States from the nuclear agreement Iran ] the confirmation of the application of sanctions to Iranian oil exports and the requirement of the US government regarding the import of oil from this country.

The decision of the Organization of Petroleum Exporting Countries (OPEC) and its allies to return crude oil to the market between 700 and 800,000 barrels is another cause of rising oil prices . every day, as well as the decline of Canadian production and the political tensions in in Libya .

The financial institution said that from now on, the market will pay attention to the fundamentals of supply and demand of hydrocarbons, especially to the new production from the OPEC and its allies, as well as to the United States energy production.

In this context, crude oil West Texas Intermediate (WTI) recorded an advance of 70 cents to sell at $ 74.15 per barrel, while Brent earned 1.59 US dollars at $ 79.44 a barrel

RCR

    
  

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