TSXV:WEE.H - Post by User
Post by
GambitXon Dec 08, 2010 11:39am
355 Views
Post# 17818242
Pemex
PemexMexico will end Pemex's 70-year state-run monopoly on drilling by opening itself to private oil production, CNBC reports, amid some skepticism that the country will give up ownership to foreign companies. Could be that its oil revenues are continuing to slide. Crude futures have trimmed losses from after the EIA's inventory report, now -0.7% to $88.05.