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Mexico crude price seen above $42 per barrel in 2018-Fin Min
August 24, 2017 / 2:50 PM / 4 months ago

Mexico crude price seen above $42 per barrel in 2018-Fin Min

MEXICO CITY, Aug 24 (Reuters) - The price of a barrel of Mexican crude oil should consolidate just above $42 in 2018, Finance Minister Jose Antonio Meade said on Thursday.

Mexico budgeted for a price of $42 per barrel in its financial planning for 2017, and the government is due to present its draft budget for 2018 in the next couple of weeks.

Meade was speaking at a political event. (Reporting by Ana Isabel Martinez)

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