November 7, 2018 / 7:04 PM / 13 days ago

TABLE-Mexico's Pemex sets Dec Maya price for international buyers

    MEXICO CITY, Nov 7 (Reuters) - Mexican state-owned oil
company Petróleos Mexicanos          , or Pemex, revised its
December term pricing formulas for crude oil shipped to its
international customers, the company said on Wednesday.
    The following table lists the adjustments to price constants
in the Americas, the U.S. West Coast, Europe and the Far East:
    
   DESTINATION       NOV CONSTANT      DEC CONSTANT
 ----------------  ----------------   ---------------
     AMERICAS                                
 Maya crude              +5.35             +3.45
                                      
 Isthmus crude           +6.50             +5.00
                                      
 Olmeca crude            +8.40             +6.90
                                      
                                             
  U.S WEST COAST                             
 Maya crude              +5.10             +3.20
 Isthmus crude           +6.50             +5.00
      EUROPE                                 
 Maya crude              -4.60             -6.00
                                      
 Isthmus crude           -0.95             -1.20
                                      
 Olmeca crude            -1.50             -1.50
                                             
     FAR EAST                                
 Maya crude              -6.25             -6.45
                                      
 Isthmus crude           -0.50             -0.60
                                      
 ----------------  ----------------   ---------------
 
FORMULAS (K IS PEMEX CONSTANT):
MAYA: 0.40 (West Texas Sour + Fuel Oil 3%) + 0.10 (Louisiana 
Light Sweet + Brent dated) + K 
    
ISTHMUS: 0.40 (West Texas Sour + Louisiana Light Sweet) +0.20 
(Brent dated) + K
    
OLMECA: 0.333 (West Texas Sour + Louisiana Light Sweet+Brent 
dated) + K 
    
OLMECA EUROPE: Brent Dated +  K
    
MAYA W. COAST: 0.333 (West Texas Intermediate + Alaskan North
Slope + Kern River) + K 

 (Reporting by David Alire Garcia; Editing by Richard Chang)
  
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