UPDATE 1-Mexico shuts two oil ports due to weather

(Updates with Cayo Arcas reopening)

MEXICO CITY, Jan 31 (BestGrowthStock) – Two of Mexico’s main oil
ports in the Gulf of Mexico were closed on Sunday due to poor
weather, the government said.

Mexico, a major oil supplier to the United States, shut the
Coatzacoalcos and Dos Bocas oil export terminals, the
communications and transport ministry said in a statement.

Cayo Arcos reopened on Sunday as weather improved.

Weather-related port closures are common for Mexico’s Gulf
Coast ports, but long shutdowns can force state oil company
Pemex [PEMEX.UL] to cut output as it has limited onshore
storage capacity.

Investment

(Reporting by Adriana Barrera; Editing by Bernard Orr)

UPDATE 1-Mexico shuts two oil ports due to weather