Mexico
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Oil Gains as Storm Causes US Gulf Production Halts
EghtesadOnline: Oil prices rose on Monday as a tropical storm in the Gulf of Mexico forced companies to evacuate rigs and halt production, but gains were kept in check by wider concerns about…
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Oil Holds Near 5-Month High on US Output Cuts
EghtesadOnline: Oil rose towards $46 a barrel on Wednesday, near the highest since March, lifted by US producers shutting most of their offshore Gulf of Mexico output ahead of Hurricane Laura…
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Oil Prices Edge Higher
EghtesadOnline: Crude oil prices rose on Monday as storms closed in on the Gulf of Mexico, shutting more than half its oil production, and on coronavirus optimism after US regulators approved…
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Offline Gulf of Mexico Oil Production Falls to 6.5%
EghtesadOnline: Roughly 6.5% of crude oil production in the US Gulf of Mexico remained offline on June 12 from Tropical Storm Cristobal's weekend saunter through the region, bringing the area's…
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Mexico Says Reached Deal With Trump to Cut Crude Output
EghtesadOnline: The president of Mexico -- the lone holdout in an OPEC deal to cut crude production and shore up prices -- said Friday that he has reached a deal with the US president to reduce…
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OPEC, Allies Agree to Historic 10 Million bpd Output Cut
EghtesadOnline: A historic production cut agreement between OPEC and its allies, known as OPEC+, hit a roadblock after Mexico refused to agree to its share of the cuts after a marathon meeting…
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Oil Posts Biggest Monthly Drop in 6 Months
EghtesadOnline: Oil slumped over 3% on Friday and posted its biggest monthly drop in six months, after US President Donald Trump stoked global trade tensions by threatening tariffs on Mexico,…
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North America leaders mount strong defense of trade despite threats
Canada, the United States and Mexico on Wednesday mounted a fierce defense of free trade, vowing to deepen economic ties despite an increasingly acrimonious debate about the value of globalization.