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Mexican oil, Pemex
Ciudad del Carmen, Mexico18.65°N 91.80°W
computed criticality10/100
reading
~1.6 Mb/d (crude+condensate, 2025, lowest in 46 years) and declining; Cantarell depleted
2024Fault line
Pemex, long a pillar of Mexico's public finances, is seeing output decline as Cantarell depletes, carrying one of the heaviest debts in the oil sector. A geological and financial decline reshaping North American flows.
Actors
Pemex
Sources