Pemex Sees Sizeable Increase In Crude Processing In July ...Middle East

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Pemex Sees Sizeable Increase In Crude Processing In July
Oil processing at Mexico’s national oil company Pemex increased substantially in July from the previous month, while crude exports rose slightly in a reversal of earlier national policy to cut exports and focus on the domestic market.  According to the state-owned oil company's most recent report, average oil processing for July stood at 820,128 barrels per day (bpd), up 15% from June and a rise of 29% from July 2021. However, the July figure is still below the target of 1 million bpd set by the government and Pemex for the end of 2022.…

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