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Mexico’s Crude Exports Slide as Refining Finally Reawakens
Market Intelligence Analysis
AI-Powered
Why This Matters
Mexico's crude oil exports have declined significantly, with a 40% drop from 2020 to 2025, and a 21st-century minimum of 503,000 b/d in December 2025, mainly due to a decrease in refining capacity.
Market Impact
Market impact analysis based on bearish sentiment with 90% confidence.
Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Mexico’s crude oil exports are shrinking fast – and this time the decline is not just a symptom of upstream exhaustion. Average crude exports have fallen from about 1.1 million b/d in 2020 to roughly 665,000 b/d in 2025, a near 40% drop. In December 2025, Mexico’s exports reached 503,000 b/d, marking a 21st century minimum. The drastic decrease is even starker for Maya, Mexico’s flagship heavy grade: December exports slid to 253,000 b/d, down 86% from 2020 levels. Ironically, the rapid decline in Mexico’s crude exports…
Original article published by
OilPrice.com
on January 7, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.