Post by
Leewardcape on Apr 04, 2022 5:23pm
From The CPG.TO Message Board
The issue of Mexico stopping all exports of crude oil means another 1.5m bbls/day out of the market...just letting this board know..
Comment by
Cobalt on Apr 04, 2022 5:33pm
1.5 seems high last number i saw was around 400k export would stop
Comment by
Cobalt on Apr 04, 2022 5:40pm
In 2019, Mexico accounted for almost 600,000 barrels per day (b/d), or 9%, of all U.S. crude oil imports. The export phase-out announcement was made by the chief executive of Pemex, Octavio Romero, who also said that Mexico would reduce oil exports from next year by more than 50 percent, to 435,000 bpd.