Production of Pemex Crude Falls 11% in First Quarter

The production of crude oil from Mexican Petroleum (Pemex) averaged one million 362,000 barrels per day in the first quarter of 2025, which meant a fall of 11.2 percent per year, according to the oil company’s operational report. Thus, the level of production was still below the goal of one million 800,000 barrels per day that was set by the current federal government headed by President Claudia Sheinbaum. Only in April, the state company’s oil …