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Mexico's Pemex strikes deal on pay increases with oil workers' union

FILE PHOTO: The Pemex logo is seen at its headquarters in Mexico City, Mexico April 20, 2020. REUTERS/Edgard Garrido

MEXICO CITY (Reuters) - Mexican state oil firm Pemex said on Tuesday it had agreed with the oil workers’ union on a 3.37% increase in regular pay and a 1.80% raise in benefits.

The increases will go into effect on Aug. 1 and last through July 31, 2021, Pemex said in a statement.

Reporting by Raul Cortes Fernandez; writing by Julia Love; Editing by Drazen Jorgic

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