Mexico crude exports rise

Mexico's crude exports in January were up by 145K b/d m-o-m and 189K b/d y-o-y at 1.26M b/d, the highest since February 2019. Shipments to the Americas were up 175K b/d m-o-m and 224K b/d y-o-y at 754K b/d, also the highest since February 2019.

For the second month in a row Mexico exported cargoes of the medium sour crude grade Isthmus. Prior to December 2019, the last export cargo of Isthmus was May 2018.