(Reuters) – Mexico’s oil exports in January were the lowest since mid-2010 as the state-oil monopoly diverted more crude to domestic refineries.
State-owned Pemex said Friday the country exported 1.191 million barrels per day in the first month of 2012, the lowest level in 19 months and a drop from the 1.282 million bpd shipped in December.
Oil capped its longest rally since January 2010 as escalating tension with Iran threatens supplies and on signs of a global economic recovery.
Futures advanced above $109 ...
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