Mexico faces declining oil production, primarily from the Ku offshore and Quesqui terrestrial fields, both vital assets under state-run Petróleos Mexicanos (Pemex).
Recent figures from the National Hydrocarbons Commission show that in March 2024, the country produced 1.86 million barrels of oil daily.
This marked a 3.6% decrease annually—70,000 fewer barrels than the previous year and 8,000 less than the preceding month.
This . . .
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