Pemex crude oil exports fall 45% in August amid refining push

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Pemex's crude oil exports fell 45% year over year in August to 275,737 barrels per day as the state-owned company expanded domestic refining. Pemex reported processing 1.2 million barrels per day, reflecting a shift toward supplying its own refineries rather than exporting crude.

Petroleos Mexicanos reported a 45% decline in crude oil exports for August compared to the same month last year, with shipments dropping to 275,737 barrels per day. The state-owned energy company released the data. The export decline came as Pemex increased its domestic refining operations. The company processed 1.2 million barrels per day at its ...