Mexico will hedge oil export prices

Bloomberg – Mexico plans “without a doubt” to protect the country against low crude prices for next year, Deputy Finance Minister Vanessa Rubio said, in a continuation of what’s become the world’s largest commodities hedging program. The amount of Mexico’s export basket to be protected through market operations, versus through its stabilization fund, has yet to be determined,

https://www.bloomberg.com/news/articles/2017-03-25/mexico-will-hedge-oil-export-prices-for-next-year-rubio-says

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