Almacenes Exito to sell its oil futures for the first time in years August 22, 2021 August 22, 2021 admin

Almaces Exito, the world’s biggest producer of gasoline, said on Wednesday it plans to sell a majority stake in its futures contracts at its annual meeting.

The company said it would sell all of its futures and crude oil contracts to raise $1.6 billion.

Almacines has said it wants to buy its shares at $15 a share and is expected to issue more than $1 billion worth of bonds.

The deal is expected on Thursday, when the stock is due to open.

Al Maces was founded in 1976, and its shares rose 8.5% to $8.94 on Wednesday.

The Mexican giant is one of the biggest investors in the U.S. energy industry, where its oil refinery is the country’s biggest.

Its refinery has a refining capacity of nearly 20 million barrels a day, enough to make more than 4.4 million barrels of crude a day.

It is the world leader in oil refinery capacity.

Almaces is the biggest operator of refined petroleum products in Mexico, with a refining output of about 16 million barrels per day.

Its output of diesel is also among the top three producers in the country.

Al maces operates its refineries in Ciudad Juarez, Tijuana and Guanajuato, Mexico.

Al Maces is a unit of Mexico’s state oil company.