Mexico's Pemex sets November crude oil prices for international buyers
Oct 17 (Reuters) - Mexican state oil company Pemex revised its term pricing formulas for crude oil sold to customers in the Americas, Europe and Asia, the company's trading arm PMI Comercio Internacional said.
The following table lists adjustments to price constants for Pemex's flagship Maya as well as its Zapoteco, Istmo and Olmeca grades marketed to the buyers by region.
DESTINATION | OCTOBER CONSTANT | NOVEMBER CONSTANT |
---------------- | ---------------- | --------------- |
US Gulf Coast, The Americas' Atlantic Coast, The Caribbean | ||
Maya crude | -11.45 | -14.15 |
Zapoteco crude | -6.10 | -6.70 |
Istmo crude | -2.35 | -2.95 |
Olmeca crude | -0.45 | -1.75 |
US West Coast, The Americas' Pacific Coast | ||
Maya crude | -6.70 | -6.45 |
Zapoteco crude | +3.75 | +5.35 |
Istmo crude | +0.10 | +0.85 |
Olmeca crude | +0.05 | +1.15 |
Europe and the Middle East | ||
Maya crude | -11.85 | -12.85 |
Zapoteco crude | -9.55 | -10.00 |
Istmo crude | -8.35 | -8.80 |
Olmeca crude | -5.70 | -4.65 |
India | ||
Maya crude | -10.70 | -13.80 |
Zapoteco crude | -10.10 | -13.65 |
Istmo crude | -8.45 | -12.00 |
Olmeca crude | -6.00 | -5.90 |
Far East | ||
Maya crude | -5.80 | -10.15 |
Zapoteco crude | -5.00 | -7.05 |
Istmo crude | -5.25 | -7.45 |
Olmeca crude | -3.60 | -6.15 |
---------------- | --------------- | --------------- |