How is the crude oil export price calculated?
The crude oil export price is an estimate solely provided for informative purposes. The price is estimated using price formulas per geographic region along with the daily quotations. Weighted average prices are monthly published in the Indicadores Petroleros. Petróleos Mexicanos is not responsible for the use of this information. The daily quotation is published at 6:00 PM in our website.
Related Questions
- Why are Saudi Arabia and other OPEC countries allowing the price of crude oil to fall so dramatically? Can they not control the price of oil by adjusting production?
- How is the crude oil export price shown in the home page of www.pemex.com calculated?
- Why does the price of crude oil affect the price of fuels such as gasoline?
