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November 19, 2020
The dynamics of nominal GDP (in USD) from oil mining are closely related to the oil revenues of the federal government. In Mexico, as a price-taker in the international market, such dynamics are determined by the evolution of oil prices, the volume of production and the exchange rate.
February 17, 2016
Current market conditions still suggest further oil price declines. As oversupply shrinks, a rebound in prices is likely. High uncertainty from economic slowdown, financial volatility and policy responses. Structural trends point to a lower oil price equilibrium
December 14, 2015
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 surprised nobody.
