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Latest Analysis / Short-term Global Oil Service

Latin America Monthly - Two different paths: Brazil’s economic recovery accelerates while Mexico continues to decline

Published: 20 November, 2020

Highlights:

  • Key Issue: Two different paths: Brazil’s economic recovery accelerates while Mexico continues to decline
  • Products Demand: Brazil’s demand recovers faster than expected
  • LatAm & Caribbean refinery runs: Mexico’s runs at the highest level in two years, but utilisation still very low

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