Tag: mexico

The Latam Corona vs. Economy Dilemma

Coronavirus was a distant concern for us in Latin America back in February. Higher infection rates in colder weather made the idea of COVID-19 even harder to grasp as a threat. Life continued as normal, and the pandemic felt a

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The To and Fro of Mexican Flows

Mexican imports of petroleum products from China and South Korea doubled between 2018 and 2019, and though the United States remains by far its largest supplier, Asian refiners have gained market share in the Central American country. Last year, Mexico

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Mexico and Venezuela: Losing on IMO 2020.

The implementation of the IMO sulfur cap on marine fuels will change Latin American flows because of the impact on demand and prices for heavy-sour grades of crude oil. Many Latin American suppliers produce the heavy-sour crude good for production

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OPEC & NOPEC cut a deal

Today’s blog post assesses developments over the weekend from the OPEC / NOPEC meeting, and what this means for countries such as Kazakhstan, Oman and Russia.

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