/ world today news/ The price of Mexican oil on Tuesday fell to the lowest level in almost 13 years.
According to state oil company Pemex, the price of a barrel of Mexican crude fell to $20.02. This is how she was on April 28, 2003.
Earlier in the week, Pemex CEO Emilio Losoya said the company would not cut production despite low prices on the world market. He also said that the cost of producing one barrel is less than $10.
Mexican oil fell in November and December last year. Then the average price fell from 43.73 – to 35.45 dollars, and then to 28.62 dollars per barrel.
Mexico City / Mexico
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