The allure of investing in Mexico's historic oil sector opening has been dimmed by the plummeting price of crude, putting pressure on the government to offer bigger incentives to private investors in the first major round of contracts up for grabs.
Since Congress in August approved the laws governing the dissolution of Mexico's 75-year-old state oil monopoly, crude prices have plunged more than 40 percent, reducing the appeal of investing in Mexican deposits.
Mexico, the world's 10th biggest crude producer, last week announced bidding terms for the first set of production-sharing contracts, unveiling 14 . . .
