Forbes.com: High oil prices bitter-sweet for Venezuela, Mexico

MEXICO CITY (Reuters) - A recent surge in oil prices to 21-year peaks will mean a windfall for Latin American exporters Venezuela and Mexico but may also stoke inflation, taking the sparkle off any economic gains, analysts said.

State revenues in Venezuela, heavily dependent on oil, should jump between 19 percent and 27 percent this year, while Mexico's coffers stand to swell by 4 percent, according to a Reuters calculation based on analysts' forecasts.

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Forbes.com: High oil prices bitter-sweet for Venezuela, Mexico