Mexico's Pemex sets August Maya price for international buyers
Mexican state oil company Pemex revised its August term pricing formulas for crude shipped to customers in the Americas, Europe and Asia, the company's trading arm said on Tuesday.
The following table lists adjustments to price constants for Pemex's flagship Maya heavy crude oil, as well as its Zapoteco, Istmo and Olmeca grades marketed to the company's international buyers by region.
DESTINATION | JULY CONSTANT | AUGUST CONSTANT |
---------------- | ---------------- | --------------- |
U.S. Gulf Coast, The Americas' Atlantic Coast, The Caribbean | ||
Maya crude | -5.80 | -5.35 |
Zapoteco crude | -2.35 | -1.70 |
Istmo crude | -1.60 | -1.10 |
Olmeca crude | -0.40 | -0.15 |
U.S. West Coast, The Americas' Pacific Coast | ||
Maya crude | -5.00 | -4.80 |
Zapoteco crude | -1.10 | -0.50 |
Istmo crude | -2.85 | -2.70 |
Olmeca crude | -1.35 | -0.80 |
Europe and the Middle East | ||
Maya crude | -6.65 | -6.00 |
Zapoteco crude | -5.60 | -5.55 |
Istmo crude | -5.45 | -5.00 |
Olmeca crude | -4.20 | -4.00 |
India | ||
Maya crude | -8.25 | -8.20 |
Zapoteco crude | -7.45 | -6.75 |
Istmo crude | -6.15 | -5.65 |
Olmeca crude | -5.10 | -4.85 |
Far East | ||
Maya crude | -6.95 | -5.95 |
Zapoteco crude | -2.55 | -1.55 |
Istmo crude | -5.50 | -4.35 |
Olmeca crude | -4.20 | -3.55 |
---------------- | --------------- | --------------- |
