Storms keep Mexican oil ports shut

Mexico kept its main crude oil exporting ports closed due to bad weather that hit earlier in the week.

The Gulf of Mexico ports of Dos Bocas, Cayo Arcas and Coatzacoalcos, which together ship some 80% of Mexico's oil exports, remained shut, along with the Pacific Coast oil port of Salina Cruz. The closures mean some shipments have now been delayed for two days, although state oil company Pemex said all cargoes held at dock would be sent out as soon as the ports reopen. Authorities had begun closing around a dozen commercial ports from Tuesday, but several reopened. Pemex's exports have been repeatedly disrupted in recent months by bad weather that has halted shipments for days at a time and in some cases triggered oilrig evacuations. Today's bad weather was part of a cold snap that has buffeted the Pacific and Gulf coasts with strong winds and sprinkled parts of Mexico with snow and frost as temperatures hit some of the lowest levels in recent history.
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