Mexico says its oil production may fall 4.9% in 2010 and keep declining through 2012. Petroleos...

|By:, SA News Editor

Mexico says its oil production may fall 4.9% in 2010 and keep declining through 2012. Petroleos Mexicanos' largest field is falling at a rate twice as fast as expected. NYMEX Crude is rebounding, now -1.7%.