Mexico finds new oil source

Global Business

Mexico finds new oil sourceMexico finds new oil source

Two new oil deposits were found in Mexico. The discovery will increase the Latin American country’s reserves by 40,000 barrels a day. Some say it will shield Mexico’s oil from global price declines.

CCTV America’s Franc Contreras reports.

Mexico finds new oil source

Two new oil deposits were found in Mexico. The discovery will increase Latin country's reserves by 40,000 barrels a day. What Mexico will do is to shield its oil from global price declines. CCTV's Franc Contrereras reports.