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Mexico Oil Production Drops in Almost All Contracts and Allocations During July

RIO DE JANEIRO, BRAZIL - In July, Mexican domestic oil production reached 1.604 million barrels per day, with a reduction of 4.2 percent in one year and a monthly drop of 0.7 percent, and for the first time since the beginning of private operations in the country, all but one of the fields reporting to the regulator showed monthly drops, said the National Hydrocarbons Commission (CNH) on Tuesday, September 1st.

Again, and without the cuts made during May and June as a result of commitments with producers and non-affiliates of the Organization of Petroleum Exporting Countries (OPEC . . .

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