How Mexico, Not Saudi Arabia, Could Drive Oil Prices Higher

The Street – With prices of crude oil at fresh five-year lows, investors are wondering when Saudi Arabia might finally cry uncle, cut oil production and reverse the dramatic slide in oil prices. Yet Mexico, a non-OPEC country and third largest exporter of oil to the U.S. behind Canada and the Saudi Arabia, could have nearly as much near-term influence on oil prices as Saudi Arabia if they cut their own production.

http://www.thestreet.com/story/12984974/1/how-mexico-not-saudi-arabia-could-drive-oil-prices-higher.html

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