Our opinion is that there's a low probability that we'll see a quick recovery in the export oil price, not in the next few weeks, nor even years. Mexican Finance Minister Luis Videgaray More Quotes by Mexican Finance Minister Luis Videgaray More Quotes From Mexican Finance Minister Luis Videgaray As long as we don't have confirmed information from Pemex, we won't make a cut. Mexican Finance Minister Luis Videgaray energy We are listening to the market and making sure the Mexican contracts are flexible and competitive and as simple as possible, we are introducing more flexibility (to the fiscal side of contracts) to allow for higher rate of return. Mexican Finance Minister Luis Videgaray company-news Certainly oil production remains the most important risk to (gross domestic product) output this year. Mexican Finance Minister Luis Videgaray company-news We need to prepare for a scenario where the price of oil remains low and output of crude may not be as high as it was forecast... We need to prepare public finances to face such risks and that's a key reason why in January we did budget cuts. Mexican Finance Minister Luis Videgaray company-news
