ABSTRACT
The trend in the international price of oil stems from actions taken simultaneously in economies that are high consumers of hydro-carbons and in the principal exporting countries of crude oil. The petroleum industry is witnessing not only a crisis in its own market but also a restructuring of the international petroleum industry that has led to the classic problem of deterioration in the rates of exchange for Mexico's raw materials. Mexico is the fourth largest petroleum producer in the world, with a daily production of 2.7 million barrels and an average daily exportation of 1.5 million barrels. Mexico must deepen both its active policy of cooperation and its effort to coordinate measures to end uncertainty; it must also return a certain amount of stability to the world hydrocarbon market. Mexico's efforts to adjust the economy have been significant ever since the first restructuring of the foreign debt in August 1982.
