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Mexico aims to end foreign fuel imports

Published 07/08/2018, 02:50 AM
© Reuters.  Mexico aims to end foreign fuel imports
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  • Mexican President-elect Andres Manuel Lopez Obrador will seek to end the country’s massive fuel imports - nearly all from the U.S. - by the "half way point of my six-year term," while boosting refining at home.
  • According to data from Pemex, foreign gasoline imports have grown by nearly two-thirds, while diesel imports have more than doubled since 2013, the first year of outgoing President Enrique Pena Nieto’s term.
  • Related: XOM, COP, CVX, PSX, DK, VLO, MPC, HES, PXD, OTCPK:TSNP, PBF, NUE, BP, RDS.A, RDS.B
  • ETFs: EWW, UGA, MXF, MXE, DBMX, HEWW, MEXX, FLMX
  • Now read: Pioneer Natural Resources: A Minor Setback


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