Mexican Maya crude to US West Coast

Mexico is targeting U.S. West Coast refineries to boost sales of its flagship Maya crude amid a global oil glut.

While Mexico has been a regular supplier of Maya oil to U.S. Gulf Coast refineries, it hasn’t shipped any to the West Coast since February 2008, according to data from the U.S. Energy Information Administration. California refineries such as Valero Energy Corp.’s Benicia, Chevron Corp.’s El Segundo and Phillips 66 used to be big buyers of the grade.

Source: Bloomberg