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Devika Krishna Kumar

Exclusive: Mexico moves to launch world's largest oil hedge program - sources

Sep 05 2019

NEW YORK/MEXICO CITY Mexico has made the first moves to launch its annual $1 billion oil hedging program by asking banks for quotes, sources familiar with the deal said, while buying in financial oil options contracts for 2020 has risen in recent days, consistent with the giant trade.

EXCLUSIVE -Mexico moves to launch world's largest oil hedge program -sources

Sep 05 2019

NEW YORK/MEXICO CITY, Sept 5 Mexico has made the first moves to launch its annual $1 billion oil hedging program by asking banks for quotes, sources familiar with the deal said, while buying in financial oil options contracts for 2020 has risen in recent days, consistent with the giant trade.

EXCLUSIVE -Mexico moves to launch world's largest oil hedge program -sources

Sep 05 2019

NEW YORK/MEXICO CITY, Sept 5 Mexico has made the first moves to launch its annual $1 billion oil hedging program by asking banks for quotes, sources familiar with the deal said, while buying in financial oil options contracts for 2020 has risen in recent days, consistent with the giant trade.

Mexico nearing $1 billion oil hedge program: sources

Aug 30 2019

NEW YORK/MEXICO CITY Mexico is close to executing its annual oil hedging program on Wall Street, three people familiar with the matter said this week, after oil price volatility and a coming change to marine fuel regulations slowed the process.

Exclusive: Aramco Trading sells first U.S. West Texas Light crude to South Korea's Hyundai - sources

Aug 28 2019

SINGAPORE/NEW YORK/SEOUL Aramco Trading Company (ATC) sold its first-ever cargo of U.S. West Texas Light (WTL) crude, with a South Korean refiner the buyer, as the Saudi Aramco unit expands its U.S. oil dealings to boost trade volumes, four people familiar with the matter said.

Oil spills into U.S.-China trade war, prices slump

Aug 23 2019

NEW YORK China said on Friday it would impose tariffs on U.S. crude oil imports for the first time, sending prices down nearly 4% to two-week lows as the escalating bilateral trade war fed worries over a slowdown in global oil demand.

Oil dragged into U.S.-China trade war, prices slump

Aug 23 2019

NEW YORK China on Friday threatened to impose tariffs on U.S. crude oil imports for the first time, sending prices down nearly 4% to two-week lows as the escalating bilateral trade war fed worries over a slowdown in global oil demand.

Oil dragged into U.S.-China trade war, prices slump

Aug 23 2019

NEW YORK China threatened to impose tariffs on U.S. crude oil for the first time in the escalating bilateral trade war, sending prices to two-week lows on Friday as that compounded worries about a slowdown in global oil demand.

Oil dragged into U.S.-China trade war, prices slump

Aug 23 2019

NEW YORK, Aug 23 China threatened to impose tariffs on U.S. crude oil for the first time in the escalating bilateral trade war, sending prices to two-week lows on Friday as that compounded worries about a slowdown in global oil demand.

Oil eases as Fed's Jackson Hole meeting gets underway

Aug 22 2019

NEW YORK Oil prices weakened on Thursday on worries about the global economy and as equity markets were on edge over the uncertain outlook for U.S. interest rate cuts.

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