Mexico's Pemex looks to diversify market amid Trump tariff threats
"If new opportunities in other markets open, we'll pursue them and are pursuing them," PMI Chief Executive Officer
Perez's comments come after Reuters reported this month that Pemex was in talks with potential buyers in
Perez said that the importance of having a diversification strategy was highlighted when U.S. President Donald Trump a day earlier threatened tariffs on countries buying oil from
Trump on Monday published an executive order imposing a 25% tariff on trade with countries buying the South American nation's oil.
"Not having certainty in the market creates a lot of volatility," Perez said.
(Reporting by
(c) Reuters 2025. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.
close
Mexico's Pemex looks to diversify market amid Trump tariff threats
Important legal information about the e-mail you will be sending. By using this service, you agree to input your real e-mail address and only send it to people you know. It is a violation of law in some jurisdictions to falsely identify yourself in an e-mail. All information you provide will be used by Fidelity solely for the purpose of sending the e-mail on your behalf.The subject line of the e-mail you send will be "Fidelity.com: "
Your e-mail has been sent.
close
Your e-mail has been sent.
Related News
-
Trump tells NBC he 'couldn't care less' if car makers hike prices due to tariffs
Reuters - 8:05 PM ET 3/29/2025
-
US orders French companies to comply with Trump's diversity ban
Reuters - 5:26 PM ET 3/29/2025
-
US to revoke authorizations to foreign partners of Venezuela's PDVSA, sources say
Reuters - 5:08 PM ET 3/29/2025
-
US to revoke authorizations to foreign partners of Venezuela's PDVSA, sources say
Reuters - 4:56 PM ET 3/29/2025
-
Brazil meatpacker JBS to spend $100 million to build 2 factories in Vietnam
Reuters - 3:21 PM ET 3/29/2025
-
No sign Trump will honor US auto tariff protections won by Canada, Mexico in 2018
Reuters - 3:00 PM ET 3/29/2025
-
ING met Italy's Popolare di Sondrio amid European expansion plan, source says
Reuters - 2:40 PM ET 3/29/2025
Content for this page, unless otherwise indicated with a Fidelity pyramid logo, is selected and published by Fidelity Interactive Content Services LLC ("FICS"), a Fidelity company. All Web pages published by FICS will contain this legend. FICS was established to present users with objective news, information, data and guidance on personal finance topics drawn from a diverse collection of sources including affiliated and non-affiliated financial services publications. Content selected and published by FICS drawn from affiliated Fidelity companies is labeled as such. FICS-selected content provided is not intended to provide tax, legal, insurance, or investment advice, and should not be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by any Fidelity entity or any third party. Quotes are delayed unless otherwise noted. FICS is owned by FMR LLC and is an affiliate of Fidelity Brokerage Services LLC. Terms of use for Third-Party Content and Research
These links are provided by Fidelity Brokerage Services LLC ("FBS") for educational and informational purposes only. FBS is responsible for the information contained in the links. FICS and FBS are separate but affiliated companies and FICS is not involved in the preparation or selection of these links, nor does it explicitly or implicitly endorse or approve information contained in the links.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
