Rationalizing heavy crude prices: Mexico brandishes the Cape
Journal Article
·
· Energy Detente; (United States)
OSTI ID:5503015
Now a price leader with a medium-light crude of approximately the same refinery yields as Arabian Light, Mexico has undertaken a bold calculated risk with its oil revenue and debt payments. However, the two cuts on heavy Maya crude since June, amounting to US $2.00 per barrel, are considered steps in the right direction to protect heavy crudes' market share for the longer term. This issue presents refining netback data for July 12, 1985 for the US Gulf and West Coasts, Rotterdam, and Singapore. Also presented are the fuel price/tax series and the principal industrial fuel prices as of June 1985 for countries of both the Eastern and Western hemispheres.
- OSTI ID:
- 5503015
- Journal Information:
- Energy Detente; (United States), Journal Name: Energy Detente; (United States) Vol. 6:14; ISSN EDETD
- Country of Publication:
- United States
- Language:
- English
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020700* -- Petroleum-- Economics
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