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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
OIL
Petroleum production in Mexico has remained stable since 2019 after years of decline and is to remain relatively flat around 1.9mb/d through 2024 according to EIA.
- The country’s petroleum consumption was also around 1.9mb/d in 2022 according to the STEO.
- Mexico’s proven oil reserves have fallen from above 10bn barrels in 2014 according to International Energy Statistics to slightly below 6.0bn barrels in 2023 according to the Oil and Gas Journal.
- None of the proven reserves are in deepwater but the Mexican government has plans to capitalise on deep-sea reserves with future development plans.
Source: EIA
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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