Pemex has cut its Maya crude OSP to the US to a $9.1/b discount to its formula price for December, according to Bloomberg.

  • This compares to a $9.05/b discount for November.
  • The formula to USGC, Atlantic Coast, and Caribbean is 65% WTI Houston, 35% ICE Brent + K factor.
  • Pricing to the West Coast is the same, but with a different K factor.
  • Maya crude to Europe and MENA is at an $8.80/b discount in December, 35 cents/b up on November.
  • The pricing formula to Europe is ICE Brent + K factor.

 

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Source: Bloomberg

OIL: Mexico Cuts Maya Crude OSP to US

Last updated at:Nov-15 18:19By: Lawrence Toye
Gasoil+ 10

Pemex has cut its Maya crude OSP to the US to a $9.1/b discount to its formula price for December, according to Bloomberg.

  • This compares to a $9.05/b discount for November.
  • The formula to USGC, Atlantic Coast, and Caribbean is 65% WTI Houston, 35% ICE Brent + K factor.
  • Pricing to the West Coast is the same, but with a different K factor.
  • Maya crude to Europe and MENA is at an $8.80/b discount in December, 35 cents/b up on November.
  • The pricing formula to Europe is ICE Brent + K factor.

 

content_image
Source: Bloomberg