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Mexico’s Pemex will not give discounts on its crude oil to US buyers because of tariffs

Pemex (Petróleos Mexicanos) is Mexico’s state-owned oil company.

  • will not give discounts on its crude oil to U.S. buyers because of tariffs, sources say
  • is in talks with potential buyers in Asia and Europe amid Trump’s tariffs

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Pemex exports crude oil, primarily to the United States, Europe, and Asia. It’s a significant part of global energy markets.

This article was written by Eamonn Sheridan at www.forexlive.com.

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