Trimming forecast: Mexico
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Mexico trims oil output forecast
Mexico's finance ministry cut its estimate for average crude oil production this year by 30,000 barrels per day and said output could fall further in 2010, according to a report sent to Congress.
The finance ministry now sees this year’s oil production averaging 2.72 million bpd.
State oil company Pemex has set itself a goal of maintaining output between 2.7 and 2.8 million bpd, said a Reuters report.