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Mexico scores $2.5 billion windfall from oil hedges, report says

1 month ago   |   By Business Insider

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Mexico is set to receive a $2.5 billion payout from its annual oil price insurance policy, according to a report from Bloomberg.
The $2.5 billion windfall would represent just the fourth time in the last two decades the country has benefited from its oil price hedges, according to Bloomberg.
The windfall comes as infighting among OPEC members threatens a production cut deal.
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Mexico is set to receive a $2.5 billion windfall from its annual oil price hedges, according to a report from Bloomberg, which cited people...
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While OPEC+ fights, Mexico wins over $2 Billion with oil hedge

While OPEC+ fights, Mexico wins over $2 Billion with oil hedge

1 month ago   |   By Energy Voice

Mexico will cash in its oil price insurance policy this year for the fourth time only in the last two decades, receiving a payout of about $2.5 billion from its 2020 sovereign oil hedge, people familiar with the transaction said.
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