RPT-MNI BOC WATCH: More Gradual Approach Seen After 50BP Cut

MNI BRIEF: Beijing To Protect Firms From U.S. Bill - MOFCOM

MNI: SNB CUTS KEY POLICY RATE BY 50 BPS TO 0.5%

MNI: PBOC Net Injects CNY28.8 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.1854 Thurs; -1.13% Y/Y

MNI: BRAZIL'S COPOM RAISES SELIC RATE BY 100BPS TO 12.25%

MNI: SWEDEN FINAL NOV CPIF +1.8% Y/Y

MNI:AUSTRALIA NOV UNEMPLOYMENT RATE +3.9%

MNI: US NOV TREASURY BUDGET -$366.8B

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Pemex Raises Gasoline Production, Imports

OIL PRODUCTS

Mexico’s Pemex increased its gasoline and diesel production in October month on month, amid a slight increase in its processing capacity and higher petroleum imports, according to the company.

  • Pemex produced 282.6k bpd of gasoline in October, up by 17% from September.
  • Diesel output rose by 21% month on month to 151.4k bpd.
  • Fuel oil production fell by 2.5% on the month to 272k bpd.
  • Petroleum products imports rose by 8.7% month on month, driven by larger gasoline imports that posted an increase of 17% to 475k bpd.
  • Natural gas imports rose by 15.5% to 506.9mn cf/d.
  • Mexico aims to be energy self-sufficient by 2024 and aims to end crude exports and instead refine locally to produce fuels, Mexican President Andres Manuel Lopez Obrador said.
  • Pemex crude production stood at 1.7mbpd in October.
  • Crude processing at refineries rose by 3.7% on the month to 808.76k bpd in October. The goal is to raise production to 1mbpd this year.
BulletEnergy BulletsHomepageCommodities
BulletEnergy BulletsHomepageCommodities

To read the full story

Close

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.