23.8% Oil Revenues Fall in the Period January-May

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The oil revenues of the Pa s fell 23.8% real annual from January to May from this to, report the Secretar to the Treasury.

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Between January and May, the collection of oil revenues contracted 23.8%, which is equivalent to 175 billion pesos, according to data from the Ministry of Finance and Public Credit (SHCP). In the reference period, only 375 billion pesos were collected 217 million pesos, which represented 10.8 percent of the total income of the country, its worst proportion since the same period of 2020, in the middle of the pandemic. This happened even when the …

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From January to May 2025, 23.8 percent fell, a fall longer than the 12.3 percent recorded in the first quarter of the year in the face of lower crude oil production, reported the Ministry of Finance and Public Credit (SHCP).According to the dependence, Petróleos Mexicanos recorded a fall in revenues of 34.6 percent per year from January to May of this year.TE MAY INTEREST: Accused of being a huachicolero and linked to organized crime is a partne…

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In the fifth month of the year, the fall in oil revenues overshadowed the growth in tax collection of the Tax Administration Service (SAT). From January to May, the total revenue of the public sector was 64,474 million pesos less than programmed and approved by the Congress of the Union, according to the report of the public finances and debt of the Ministry of Finance and Public Credit (SHCP) at the close of May.