Mexican state oil company Pemex crude oil production fell to 1.83 million barrels per day in the third quarter ended September, compared with 1.87 million barrels per day in the preceding three months, keeping a trend toward a decline that has been going on for several years. According to the latest company earnings release, its total crude oil production was 1.827 million barrels per day. The company also reported that its refineries of Salina Cruz and Cadereyta increased their crude oil processing capacity by 94,000 barrels per day and 30,000 barrels per day, respectively. Pemex crude oil capacity is down from 1.866 million barrels per day in the second quarter and 1.9 million barrels per day in 2017. The company’s crude oil production has steadily […]