Mexico's state-run Pemex posts steep 2019 loss in blow to president's revival plan

Petroleos Mexicanos posted a $18.3 billion net loss for 2019 on Thursday, nearly doubling the previous year's loss and dealing a major blow to the Mexican president's quest to revive the heavily-indebted state oil company.

from Reuters: Business News https://ift.tt/2VsqMFJ