Pemex reports sixth straight quarterly loss as production drops

MEXICO CITY (Bloomberg) -- Pemex posted a sixth consecutive quarterly loss as production at the country’s state oil monopoly fell to an almost 19-year low. The first-quarter net loss of 35.9 bn pesos ($2.74 bn) was eight times larger than its 4.39 bn-peso loss a year earlier, the Mexico City-based company said in a statement.


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Pemex reports sixth straight quarterly loss as production drops Pemex reports sixth straight quarterly loss as production drops Reviewed by Crude Oil Facilitators on 20:41 Rating: 5

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