The possibility that Pemex under the administration of Mexican President Andres Manuel Lopez Obrador will import light crude oil in 2019 is seen as a positive sign, market observers said Thursday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Pemex to import 93,000 b/d of light crude in 2019 draft budget Next government expects domestic crude runs above 900,000 b/d The decision to allow light crude oil imports shows Lopez Obrador, who took power on December 1, will take pragmatic over political decisions, said Arturo Carranza, an energy analyst with consultancy group Mercury in Mexico City. “This is a positive signal as it speaks of a pragmatic view that will continue a policy that searches to raise gasoline production profitably,” Carranza said. Under the proposed budget, Pemex will import 33.9 million barrels of light crude, or 92,900 b/d, allowing Pemex to process […]