Mexican Crude Production to Lose 2mn bbls August

Mexico’s Pemex will see crude output reduced by 100,000 bpd until the beginning of August according to a company source speaking with Reuters.

• Reuters placed the total production loss at about 2mn bbls which the source agreed with.
• "We are short of a little less than 100,000 barrels (per day). We expect that by the first days of August we will recover all the crude," he said.
• A fire broke out Friday on the platform Nohoch-A, later spreading to a compression facility at the Cantarell field, which used to be Pemex's largest producing field.
• Pemex said on Friday the fire had been extinguished promptly, preventing its spread to four other processing centers.