Commodity Market Report

Mexico product markets long-term outlook H1 2019

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02 July 2019

Mexico product markets long-term outlook H1 2019

Report summary

This report includes Wood Mackenzie's outlook for the fundamentals of the Mexican oil products market. PEMEX remains with lower crude runs in 2019. As the Mexican economy is expected to have a mild economic growth through the forecast period, we expect deficit in LPG, gasoline, jet/kerosene and diesel in the long term. High product prices and a low economic will also limit demand growth in the coming years.

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