Mexico Bans Vitol, Trafigura From Oil Trading With Pemex ...Middle East

Economy by : (OILPRICE) -
The Mexican government has banned commodity trading majors Vitol and Trafigura from doing business with state-owned oil and gas major Pemex on allegations of corruption, Bloomberg reported, citing Energy Minister Rocio Nahle. In an interview for the news agency, Nahle said the ban will be in effect until the end of President Andres Manuel Lopez Obrador’s term. Other commodity traders are not safe, either, as the official said the government is reviewing their conduct, too. “Those who are carrying out corruption shouldn’t be in…

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