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Wednesday, September 30th, 2020
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Tag Archives: Mexico oil hedge

The Secret Weapon Giving Mexico Upperhand in the Oil-Price War

Oil refinery

BLOOMBERG, APRIL 11, 2020 Mexico’s hedge strengthens its hand as negotiations drag on | The option could hand Mexico a multi-billion-dollar payout By Javier Blas and Amy Stillman for Bloomberg – As Mexico and Saudi Arabia fight over a deal to bring the oil-price war to an end, Mexico has a powerful defense: a massive Wall Street hedge shielding it from low prices. With talks …

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