#oilprice.com. × New Mexico Gambles on Higher Royalties as Oil Prices Tank | OilPrice.com. New Mexico legislators have passed a bill increasing the maximum royalty rate on oil and gas leases from 20% to 25%, a decision that has raised concerns among oil producers given the current low oil pr
#Mar.21.2025
#oilprice.com. × Mexico’s President Claims Its Oil Quality Problem Has Been Solved | OilPrice.com. President Claudia Sheinbaum announced that Pemex has resolved the salt content issues in its crude oil, addressing concerns that had impacted exports.
#Mar.07.2025
#oilprice.com. × Oil Prices Set for Solid Weekly Loss on Tariffs and Ample Supply | OilPrice.com. Oil prices experienced a substantial loss, the largest since October, due to U.S. tariffs on Canada and Mexico, signals of comfortable supply levels, and OPEC+'s planned production cut rollback.
#Mar.07.2025
#oilprice.com. × Mexico Reaches Out to Europe and Asia Oil Buyers After U.S. Tariffs Hit | OilPrice.com. Pemex is exploring new oil export markets in Asia and Europe after the US imposed a 25% tariff on Mexican crude.
#Mar.06.2025
#oilprice.com. × U.S. Buyers of Mexican Crude Trim Purchases | OilPrice.com. U.S. refiners reduced their intake of Mexican crude oil before the implementation of tariffs, citing quality issues such as excessive water content.
#Mar.06.2025
#oilprice.com. × Trade Wars Begin as U.S. Tariffs on Canada and Mexico Come Into Effect | OilPrice.com. The global trade wars intensified as US tariffs on Canada, Mexico, and China took effect, prompting retaliatory measures and causing market instability.
#Mar.04.2025
#oilprice.com. × Pemex’s $9 Billion Loss Highlights Deepening Crisis | OilPrice.com. Pemex’s downward trajectory isn’t slowing, and unless the government rethinks its strategy, the oil giant’s financial woes will only deepen
#Feb.27.2025
#oilprice.com. × Trump Says Canada And Mexico Tariffs to Take Effect As Planned | OilPrice.com. President Donald Trump has announced that 25% tariffs on Canada and Mexico exports to the United States will go into effect on March 4
#Feb.27.2025
#oilprice.com. × Pemex Sees 44% Drop in Oil Exports | OilPrice.com. Pemex's crude oil exports plummeted by 44% in January, reaching their lowest levels in decades due to quality issues and financial constraints.
#Feb.27.2025
#oilprice.com. × Gulf Refiners Shun “Watery” Pemex Crude | OilPrice.com. Gulf Coast refiners are shunning Mexican crude oil due to excessive water content, leading to concerns about refining disruptions and potential supply chain issues.
#Feb.11.2025
#oilprice.com. × Trump Slaps Tariffs on All Steel and Aluminum Imports | OilPrice.com. President Trump announced a 25% tariff on steel and aluminum imports, including from Canada and Mexico, escalating trade tensions.
#Feb.10.2025
#oilprice.com. × Trump Hits Pause on Canada Tariffs | OilPrice.com. Trump has delayed imposing 25% tariffs on Canadian and Mexican imports for 30 days following border security commitments from both nations.
#Feb.04.2025
#oilprice.com. × Oil Prices Start the Week Higher Following Trump’s Tariffs | OilPrice.com. Oil prices rise on the first day of trade after the US imposed tariffs on Canada and Mexico, with analysts divided on the long-term impact.
#Feb.03.2025
#oilprice.com. × Trump May Exclude Oil From Canada and Mexico Tariffs | OilPrice.com. Trump is considering exempting crude oil from new tariffs on Canada and Mexico as he seeks leverage over immigration, drug trafficking, and trade imbalances.
#Jan.31.2025
#oilprice.com. × Oil Prices Set for Second Consecutive Weekly Decline | OilPrice.com. Crude oil prices fluctuated amid concerns over U.S. tariffs on Canadian and Mexican imports but are set to end the week lower.
#Jan.31.2025
#oilprice.com. × Oil Prices Remain Under Pressure After NOC Alleviates Libya Supply Fears | OilPrice.com. Oil prices stabilized after a brief jump due to a threat to Libyan oil exports, but uncertainty remains due to potential US tariffs on Canada and Mexico.
#Jan.29.2025
#oilprice.com. × Mexico Proposes Public-Private Power Partnerships | OilPrice.com. A proposed bill in Mexico would allow public-private partnerships in the power sector, but only if the state-owned utility CFE controls at least 54% of the venture.
#Jan.29.2025
#oilprice.com. × EU, Mexico Sign Trade Deal Ahead Of Trump Inauguration | OilPrice.com. The European Union and Mexico have agreed to a revamped free-trade agreement days before Trump begins a second term
#Jan.17.2025
#oilprice.com. × Peru’s Crude Gains Share in U.S. as Mexican Exports Slump | OilPrice.com. US refiners are increasingly importing heavy crude oil from South America, particularly the rare Bretaña grade from Peru, to compensate for declining imports from Mexico.
#Jan.14.2025
#oilprice.com. × Shell Starts Production at Gulf Oil Field | OilPrice.com. Shell begins commercial production at its Whale oil field in the Gulf of Mexico, while writing down a promising oil discovery in Namibia.
#Jan.10.2025
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