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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 AccessOIL PRODUCTS: Pemex Aims to Cut Fuel Imports to 20kbpd in Q1 2025
Mexico's Pemex plans to cut fuel imports to 52kbpd in September and 20kbpd in Q1 2025, according to CEO Octavio Romero Oropeza on July 19, cited by Reuters.
- Lower imports will follow the ramp up of production of its own refined products, he added.
- Mexico’s gasoline imports rose to 358.5kbpd in May according to official figures after the country reduced its imports in March and April on higher refinery runs. A delayed start for the major Dos Bocas refinery resulted in a return to the import market.
- Pemex’s Dos Bocas refinery in Mexico is now ramping up production and running crude for the first time according to Bloomberg reports but still faces issues. Bloomberg reported last week that the refinery was producing gasoline blendstock for the first time.
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.