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Mexico's President Unlikely to Do More to Boost Pemex Market Share, Sources Say -- OPIS

Por: MarketWatch Business August 24, 2023

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Market participants said Pemex has been able to regain market share, particularly this year, through its independent fuel marketing subsidiary MGC, which was selected as Pemex's first strategic customer and was provided with maximum bulk discounts across the country. MGC's aggressive discounts and credit guarantees have squeezed private competitors as well as smaller Pemex fuel distributors, one market participant told OPIS.... + full article



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