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Mexico’s Crude Exports Rise In June

Oil

Mexico’s crude exports in June increased by 199K b/d m-o-m and 59K b/d y-o-y to a 4-month high of 1.16M b/d, despite its oil production falling to a more than two decade low of 2.0M b/d, Pemex data showed. However, overall exports in the 1H17 were down by 64K b/d y-o-y to an average of 1.07M b/d.