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  • Mexico's state oil company Pemex on Thursday reported losses of $18.3 billion for 2019, a 92 percent increase on last year's deficit. Pemex said the results were due to the burden of a $100 billion debt, a drop in crude sales and an increase in tax payments. jla/mr/bc/ft
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  • Mexican state oil firm Pemex losses $18.3 billion in 2019
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