AMLO underwhelms with Pemex support

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AMLO underwhelms with Pemex support

Pemex, Mexico, Amlo, gas, LatAm
M5NFP5 Cancun Mexico Yucatan Peninsula Quintana Roo Avenida Xcaret Pemex Petroleos Mexicanos filling station gasoline petrol fossil fue | RosaIreneBetancourt 14 / Alamy Stock Photo/Alamy Stock Photo

Pemex bond prices slid further on Friday after analysts said Mexican president Andrés Manuel López Obrador’s measures to support the state oil giant would not be enough to prevent continued deterioration in its credit quality.

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