Mexico’s Oil Output Dips Amid Field Challenges
Mexico faces declining oil production, primarily from the Ku offshore and Quesqui terrestrial fields, both vital assets under state-run Petróleos Mexicanos (Pemex). Recent figures from the National Hydrocarbons Commission show that in March 2024, the country produced 1.86 million barrels of oil daily. This marked a 3.6% decrease annually—70,000 fewer barrels than the previous year […]