Things Keep Getting Worse For Mexico’s Struggling Oil Industry ...Middle East

OILPRICE - Economy
Things Keep Getting Worse For Mexico’s Struggling Oil Industry
source : OILPRICE ( Middle East ) () 15
Mexican oil is taking hit after hit this year. First, a deadly fire led to disruptions in production and then output was once again hindered by the anticipation of hurricane Ida, not to forget the ongoing pandemic restrictions as Mexico experiences another surge in Covid-19 infections. As Hurricane season approaches, will Mexico be able to weather the storm? A fire at Mexican offshore oil operations in the Ku-Maloob-Zaap oilfield killed five earlier this month and led to a drop in production of 420,000 bpd, around a quarter of Mexico’s total…

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