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MexicanOilProduction


Mexican crude oil supplies to U.S. to be cut back by 184,000 bpd

The commercial division of Mexico's national oil company, Pemex PMI Comercio Internacional, has some bad news for U.S. oil consumers. Mexico will be sending America less oil this year - to the tune of 184,000 barrels per day. The cuts will continue for at least the next two years because production of crude in Mexico has been falling. Mexico, which provided the U.S. with 1.41 million barrels per day in 2007, has been the number three supplier of oil to the U.S. behind Canada and Saudi Arabia. So far through the first four months of 2008, Mexico ... Read more →

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