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15 June 2009

Mexico may go "naked" on Oil Hedges.

Latin America’s biggest oil producer, Mexico may stop hedging against fluctuations for oil next year as crude prices rebound.

Mexico hasn't gone "naked" since 2003.

So far Mexico has profited from hedging.

http://www.bloomberg.com/apps/news?pid=20601086&sid=aJjZo7mVvoo0
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Labels: Mexico, naked hedges, oil hedging
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