March 10, 2020 / 2:34 PM / 19 days ago

Mexico says oil income completely covered by hedge, no direct impact on budget

MEXICO CITY, March 10 (Reuters) - Mexico's Finance Minister Arturo Herrera said on Tuesday that its hedge program meant national oil income was "completely covered" following a steep drop in crude prices, and there will not be a direct impact on the government's budget (Reporting by Anthony Esposito; Editing by Frank Jack Daniel)

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