Mexico to cut at least 330,000 bpd of crude exports in May

8 April 2024, 12:00 am

1 min read

The Dos Bocas refinery from the Mexican state-run oil producer Petroleos Mexicanos (PEMEX) is pictured during its inauguration, in Paraiso, Tabasco state, Mexico, July 1, 2022. REUTERS/Edgard Garrido

Reuters exclusively reported that Mexico’s state energy company, Pemex, is planning to cut at least 330,000 barrels per day (bpd) of crude exports in May, leaving customers in the United States, Europe and Asia with a third less supply.