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The dollar and crude oil will raise Mexican gasoline prices by 8 percent in February

Karol Garcia | El Economista | 5 January 2017

To access the full article in Spanish please, click here.

Jesus Berumen, PA Mexico energy expert, is quoted in an article in El Economista. The article discusses the price increase in gasoline as announced by the Mexican government.

Commenting on the topic, Jesus states: “The November agreement of the Organization of the Petroleum Exporting Countries (OPEC) to reduce the daily production of members by 1.75 million barrels will keep the international price of oil stable with a maximum increase of 10 percent in 2017.  As a result, the reference price of the gasoline will not increase above this range when the prices are released regionally, and the controlled prices will not increase.”

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