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Mexico speeds up fuel opening to jump-start investment

Friday, November 17, 2017

Mexico is speeding up a countrywide liberalization of fuel prices by a month in a bid to kick-start lagging private investment.

Mexico’s energy regulatory commission, CRE, approved on Thursday bringing forward an end to government-set pump prices in the southeastern zone comprised of Campeche, Quintana Roo and the Yucatan. Mexico will freely float prices by Nov. 30 in the rest of the country.

Source: Bloomberg