July 11, 2018 / 8:43 PM / 9 days ago

TABLE-Mexico's Pemex sets August Maya price for international buyers

    MEXICO CITY, July 11 (Reuters) - Mexican state-owned oil
company Pemex           revised its August term pricing formulas
for crude oil shipped to customers in the Americas, Europe and
the Far East, the company said on Wednesday.
    The following table lists the adjustments to price constants
for the company's international buyers:
       
   DESTINATION       JULY CONSTANT    AUGUST CONSTANT
 ----------------  ----------------   ---------------
     AMERICAS                                
 Maya crude              +2.30             +2.30
                                      
 Isthmus crude           +2.80             +2.80
                                      
 Olmeca crude            +4.40             +4.85
                                      
                                             
  U.S WEST COAST                             
 Maya crude              +2.15             +2.15
 Isthmus crude           +2.80             +3.60
      EUROPE                                 
 Maya crude              -3.05             -3.25
                                      
 Isthmus crude           -1.75             -0.75
                                      
 Olmeca crude            -1.50             -1.50
                                             
     FAR EAST                                
 Maya crude              -7.25             -6.50
                                      
 Isthmus crude           -0.15             -0.35
                                      
 ----------------  ----------------   ---------------
       
FORMULAS (K IS PEMEX CONSTANT):
MAYA: 0.40 (West Texas Sour + Fuel Oil 3%) + 0.10 (Louisiana 
Light Sweet + Brent dated) + K 
    
ISTHMUS: 0.40 (West Texas Sour + Louisiana Light Sweet) +0.20 
(Brent dated) + K
    
OLMECA: 0.333 (West Texas Sour + Louisiana Light Sweet+Brent 
dated) + K 
    
OLMECA EUROPE: Brent Dated +  K
    
MAYA W. COAST: 0.333 (West Texas Intermediate + Alaskan North
Slope + Kern River) + K 


 (Reporting by David Alire Garcia; editing by Jonathan Oatis)
  
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