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Published on Tuesday, October 28, 2025

Mexico | Marginal progress in Pemex’s oil production

Summary

The production of liquid hydrocarbons of Pemex in the third quarter of 2025 vs. the previous quarter showed an increment of 17.6 thousand barrels a day mainly due to a higher production of heavy and light crude oil by 17.9 thousand barrels a day.

Key points

  • Key points:
  • The production of new fields averaged around 566 thousand barrels a day of liquid hydrocarbons in the third quarter of 2025 vs. 531 thousand in the previous quarter.
  • Pemex’s export and domestic sales showed an annual change of -21.5% and -4.2% in the third quarter of 2025, respectively.

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Marginal progress in Pemex’s oil production

Spanish - October 28, 2025

Authors

AR
Arnulfo Rodríguez BBVA Research - Principal Economist
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