Overview
- Crude exports fell to 500,203 b/d in August, a drop of 17% from July and 32% year on year, according to official data.
- Pemex’s seven refineries processed 1.05 million b/d, up 3% month on month and 6.2% year on year, with gasoline output rising 20% to 358,932 b/d.
- Installed refining capacity was revised down to 1.4 million b/d from 1.6 million as the Olmeca/Dos Bocas plant remains below its 340,000 b/d target.
- Crude and condensates production held around 1.64 million b/d, 7.2% lower than a year earlier.
- Imports of gasoline and diesel fell to 457,849 b/d, down 19% from July and 38% year on year, and Pemex projects 2026 crude exports at 393,100–487,900 b/d.