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LatinNews Regional Monitor: Mexico - 28 April 2020

In brief: Pemex reports second lowest price of crude

* The price of Mexican crude oil has dropped to US$6.55 per barrel, according to Mexico’s state-owned oil company Pemex. This is the second lowest price recorded after Mexican crude temporarily fell to -US$2.37 per barrel on 20 April. According to statistics from Mexico’s central bank (Banxico), the lowest price previously recorded was US$7.04 per barrel on 11 December 1998. 

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