# Mexico Seeks Diesel Around the World Before Price Limits End

> Mexico's state oil company Pemex is buying diesel from the U.S., the UAE and China ahead of the end of government price limits, with U.S. diesel exports to Mexico reaching a record 272,000 barrels a day in September. Mexican refinery runs fell below 33 percent of capacity in September after the country's largest refinery went offline.

- Date: 2017-11-16 · published 2017-11-16T12:00:00.000Z
- Category: policy · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/68180-mexico-seeks-diesel-around-the-world-before-price-limits-end
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Lifting Mexico's diesel price caps and surging import demand are expected to push prices higher in 2018, boosting U.S. diesel export demand and trucking costs.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2018-09-02 | [Why Diesel Prices Are Set To Soar \| OilPrice.com](https://feedsoft.ai/events/63225-why-diesel-prices-are-set-to-soar-oilprice-com.md) | -0.9% | +7.6% |
| DIESEL | 2016-11-03 | [Market Eye: Diesel Markets Set to Tighten Before 2020 \| Energy Intelligence](https://feedsoft.ai/events/74013-market-eye-diesel-markets-set-to-tighten-before-2020-energy-intelligence.md) | -2.1% | +11.8% |
| DIESEL | 2026-10-02 | [What’s Behind the Diesel-Market Crunch - WSJ](https://feedsoft.ai/events/17229-what-s-behind-the-diesel-market-crunch-wsj.md) | +8.4% | +0.3% |
| DIESEL | 2019-01-05 | [The FreightWaves oil report: Mexico steps in with a new chunk of low sulfur diesel demand - FreightWaves](https://feedsoft.ai/events/12482-the-freightwaves-oil-report-mexico-steps-in-with-a-new-chunk-of-low-sulfur.md) | +6.0% | +7.5% |
| DIESEL | 2019-09-05 | [Energy Experts Fear Price of Diesel to Spike Because of New Shipping Fuel Mandate - TT](https://feedsoft.ai/events/57270-energy-experts-fear-price-of-diesel-to-spike-because-of-new-shipping-fuel.md) | +1.2% | -0.5% |

## Sources

- gcaptain.com: https://gcaptain.com/mexico-seeks-diesel-around-world-price-limits-end/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.