Pemex bleeds US $2.6B in Q1 despite government bailout and rising oil prices

supply disruption expired 72% Commodities

Pemex reported a significant loss of $2.6 billion in Q1 as rising oil prices failed to mitigate a near-40% decline in its exported crude barrels. This highlights the ongoing challenges faced by the Mexican state oil company.

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Pemex oil prices loss energy sector Mexico

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