Pemex adjusts Jun crude price constants
Bnamericas Published: Thursday, May 05, 2005
Mexico's state oil company Pemex has issued new crude price constants to calculate export prices from June 1, the company said in a statement. For deliveries to the Americas, the constant for Maya heavy crude and Olmeca extra-light crude will stay the same, while Istmo light crude will increase US$0.25/b. The constant for Maya delivery to the US West Coast will increase US$0.20/b. For sales to Europe, Maya and Istmo crude will both increase US$0.50/b. For the Far East, Maya will increase US$0.60/b and Istmo crude will fall US$0.20/b, Pemex said.
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