Pemex crude shipments, with their biggest drop in two decades

The crude export volume of Petróleos Mexicanos (Pemex) averages 958,170 barrels per day in the first four months of the year, below one million barrels per day for the first time in the last 20 years in this period.

It also has a reduction of 18% compared to the previous year, the most pronounced that has been observed in this period.

In April alone, the country exported 923,774 barrels of crude per day, the lowest volume for a month reported since Pemex has records.

This represented a fall of 0.16% or 1,481 barrels per day less than the previous month, which had already broken a record for the lowest volume of exports.

Regarding the volume exported 10 years ago, in the average of the first four months of the year the reduction observed is 28%, since from January to April 2021 372,950 barrels were exported per day less than the 1,331 million barrels per day that were sent abroad in the same period of 2011, according to data from the Ministry of Energy.

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