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The production of liquid hydrocarbons of Pemex Exploration and Production (PEP) in the first quarter of 2024 vs. the previous quarter showed a decrement of 36 thousand barrels a day mainly due to a lower production of superlight crude oil plus condensates by 29 thousand barrels a day.
Concerns are increasing regarding what is happening in the financial markets. Above all, this is because contagion is affecting all geographies and asset classes. This leads us to ask what is driving this new market collapse. Is it the Fed? China? What can we expect in the coming months regarding commodities?
Not for any lack of foreknowledge, the 'implementation day' of the Joint Comprehensive Plan of Action (aka: the nuclear agreement with Iran) is making little impact. This is in spite of the fact that the news has coincided with falling oil pric…
On December 4th, representatives of the Organization of the Petroleum Exporting Countries (OPEC) gathered to discuss a potential cutback in crude production and move to neutralise the falling price. The failure to come to any agreement surprise…
