Analysis: Mexico refinery output rebounds as product imports move lower

28 Mar 2017   Mexico

Refinery production in Mexico is showing some recovery this year after the big drop experienced in 2016, an uptick that might have contributed to lower product imports so far this year. However, the dent in fuel imports might not be very significant, according to shipbrokers and Platts price data. Mexico’s refinery throughput registered a 1.60% increase to 930,433 b/d in February from January after rising 19.10% to 915,807 b/d that month from December 2016, according to energy ministry data. “Some maintenance work has been completed [in the refineries] and the non-planned stoppages have been reduced,” a source familiar with state-owned Pemex operations said about the increases. Article continues below… US Marketscan provides you with a daily market overview of the major refined products in the United States delivered via e-mail. It carries spot prices for all key products traded in the US market. Gasoline, heating oil, jet fuel, residual […]

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