Pemex Prepares For 2021 Oil Pirce Hedge ...Middle East

Mexico’s state oil company Pemex is preparing to launch its 2021 oil hedge that will protect its revenues, Reuters reports, citing an unnamed company source, who also said the company had been waiting for oil prices to recover before it begins hedging future production. According to the report, Pemex made $377.3 million from its 2020 hedge and $369 million from the 2019 hedge. The program for the 2021 hedge has already been approved by the company’s board of directors, the Reuters source said. The Pemex oil hedge is much smaller than…

Hence then, the article about pemex prepares for 2021 oil pirce hedge was published today ( Friday 27/11/2020 - 07:31 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Pemex Prepares For 2021 Oil Pirce Hedge )

Also on site :

• DREAME NEXT Concludes: Dreame Technology Caps Four-Day Silicon Valley Showcase with Science Forum and Ten-Year Vision
• Park Systems lanza NX1, microscopio AFM de máxima resolución para la obtención de imágenes a escala atómica
• Africa: African Nations to Benefit From China's Two-Year Zero-Tariff Regime