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US Heavy Oil Prices Rise as Market Braces for Mexico Supply Hit

2021-08-25 15:24:05| OGI

Prices of heavy sour crude oil grades have been rising in the U.S. Gulf Coast, traders said on Aug. 24, as the market braces for a disruption of supplies from Mexico in the wake of a fire that has cut state-run Pemex's oil output by about 25% since Aug. 22.

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