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The Mexican oil export began the second half of the year and exceeded the level of 1945 dollars in accordance with what was observed by major international oil . .
According to Petróleos Mexicanos (Pemex), the Mexican blend export recorded a gain of 48 cents against its rating last Friday and thus reached $ 69.20 per barrel. This is its highest level since November 29, 2014 when it was listed at $ 69.77.
In the last five sessions, Mexican oil has accumulated a recovery of $ 4.07.
The behavior of the Pemex blend contrasted with the decline in major benchmarks and, according to Banco Base, reflected the increase in oil production worldwide and the expectation that this continue to increase.
At Nymex, US crude WTI recorded a nine-cent retracement for sale at $ 74.06 per barrel; In London, Brent lost $ 1.79 by closing the negotiations at $ 77.65.
The fall in the price of crude was given by the reports of the Ministry of Energy of Russia and the estimates of production and export of Saudi Arabia that show that the supply by gross it 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 a day, exceeding its production quota of 10.95 million barrels per day that had been agreed at the end of 2016.
On the other hand, it is estimated that crude oil production in Saudi Arabia during the month of June would have increased from 330,000 barrels to 10.3 million barrels a day, and it is estimated that the production of crude oil in Saudi Arabia during the month of June would have increased from 330,000 barrels to 10.3 million barrels per day. Saudi crude oil reached a maximum of 15 months of 7.47 million barrels per day during the month of June.
The US President, Donald Trump wrote on Twitter that the Saudi King, Salman bin Abdulaziz Al Saud had agreed to pump more oil, "maybe even 2 million barrels. "The White House then retreated with the comments.
Production in the United States has increased by 30% in the last two years to 10.9 million barrels of oil a day, which means that the world's three largest producers pump nearly $ 11 million a day. Units per day. which covers one-third of the world's demand for oil.
Prepared with information from Notimex and Reuters
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