The Government of Mexico attracted widespread attention last year after it based its 2009 hedging strategy on an oil price of $70 per barrel. The strategy generated gross revenues of $5 billion for the country and has focused attention on the next move in this area by the country’s canny finance ministry.
The profits from this strategy were a welcome bonus for a country impacted by falling demand for oil and other damaging factors that came about due to the global financial crisis. According to
The week on Risk.net, February 10-16, 2018Receive this by email