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Mexico’s Crude Exports Drop To Record Low

Oil

Mexico’s crude oil exports in March fell by 216K b/d m-o-m and 62K b/d y-o-y to a record low of 1.00 M b/d, data from state-oil firm Pemex shows. Shipments were curbed by subdued crude output, which was at one of its lowest levels on record at 2.02M b/d and a m-o-m rise in refinery throughputs.