Mexico’s Pemex Vows To Continue Oil Exports To Cuba Amid Trump Threats

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Mexico's Pemex has announced it will continue oil exports to Cuba despite pressure from the US government, citing an ongoing contract and available crude oil supplies.

Market Impact

Market impact analysis based on neutral sentiment with 70% confidence.

Sentiment
Neutral
AI Confidence
70%
Time Horizon
Short Term

Article Context

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Mexico’s National Oil Company Pemex has announced that it intends to uphold its oil supply contract with Cuba despite growing pressure from U.S. President Donald Trump that Mexico distance itself from Cuba, Reuters reported on Wednesday. According to Pemex CEO Victor Rodriguez Padilla, Pemex has an ongoing contract with Cuba from 2023 to deliver refined fuel. Rodriguez says his company will continue oil shipments to Cuba as long as there is crude available. Last week, Mexican President Claudia Sheinbaum revealed that her country had temporarily…

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Original article published by OilPrice.com on February 4, 2026.
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