Mexico will remain within the Opec + group but has no plans for further production cuts, the energy ministry told Argus today. "Mexico will participate in the Opec + meeting in June but we do not contemplate implementing more cuts," the ministry said. "There are no plans to leave the group." Opec+, which is comprised of Opec members and allied oil producers led by Russia, will meet by videoconference on 10 June to consider further action to rebalance the global oil market following three months of turmoil caused by the Covid-19 pandemic and a price war between Riyadh and Moscow. Despite its modest market share and ... (full story)