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Economy & Business - March 2025

MEXICO: Pemex plagued by crude oil quality issues

When Bloomberg reported on 10 February that US oil refineries had been “snubbing” Mexico’s crude oil shipments, President Claudia Sheinbaum and the CEO of the state-run oil company Pemex, Víctor Rodríguez Padilla, were forced to publicly recognise that there was a problem of excess salt and water in Mexican crude oil.

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