miércoles, 16 de febrero de 2011

Mexican export crude

The average annual price of a barrel of Mexican export crude actually surpassed the price of a barrel of West Texas Intermediate (WTI) several days, a very rare occurrence.  However, this decade has seen a trend in which the price of Mexican crude has come closer to the price of WTI, as the following table demonstrates.


Average
Mexican Export Crude Price as a Percentage of WTI Price
2003 - 2010
82.9%
   2003 - 2006
77.5%
   2007 – 2010
88.3%
       2009 - 2010
91.7%

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