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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.
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Free AccessMexico's Pemex Over Producing Fuel Oil September
Mexico’s Pemex refined 767,994 bpd of crude in September, falling 3.6% from August and down 1.5% y/y.
- Pemex produced 226,100 bpd of gasoline and 99,700 bpd of diesel - down 6.5% and 35% respectively from August.
- High sulphur fuel oil production in September was 281,200 bpd, up 22.5% from the previous month.
- Pemex is struggling to process the heavy crude that it produces. Mexican President Andres Manuel Lopez Obrador had promised to create fuel sovereignty for the country to no longer rely on US imports but is still well shy of his goal.
To read the full story
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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.