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Pemex stops openly posting wholesale fuel prices

From argusmedia.com

Mexico's state-owned Pemex has stopped publicly posting its wholesale gasoline and diesel prices after a legislative reform unwound transparency requirements set in the wake of the country's 2014 energy reform. Pemex last posted gasoline and diesel prices for 30 April, and last posted wholesale jet fuel and fuel oil prices for 1 May on its public website. Pemex customers will only receive the prices directly, a buyer told Argus. Mexico's congress last week passed a reform sent by the administration of President Andres Manuel Lopez Obrador to end so-called asymmetric laws aimed at curbing Pemex's decades-long ... (full story)

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  • Category: Fundamental Analysis