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Oil Prices Stress Markets; PEMEX Refining Strategy Under Scrutiny
By Perla Velasco - Mon, 12/01/2025 - 13:26
Global oil markets ended last week under pressure as crude prices continued to decline, refining margins eased and elevated freight rates.
https://mexicobusiness.news/tag/oil-prices
More Oil & Gas
Oil Prices Stabilize as Israel, Iran Agree to Ceasefire
By MBN Staff - Tue, 06/24/2025 - 16:28
Oil prices ease after Israel and Iran reach a ceasefire. Brent drops 12% from Friday’s peak, with WTI and Mexico’s oil mix following the same trend.
Iran–Israel Conflict: Markets Speak Louder Than Missiles
By Erez Saf - Tue, 06/24/2025 - 08:30
Amid recent conflict, Israel's economy shows resilience with rising markets, while Iran's faces collapse. Jorge Acevedo explains.

Threat of Strait of Hormuz Closure Puts 20% of Global Oil at Risk
By MBN Staff - Mon, 06/23/2025 - 16:45
Iran's parliament moves to close the vital Strait of Hormuz following US attacks, risking disruption to a key route for global oil and LNG exports.
Oil Price Hikes Could Strengthen Mexico’s Public Finances: SHCP
By MBN Staff - Mon, 06/23/2025 - 15:41
Rising oil prices could boost Mexico’s federal revenue by US$683 million per US$1 increase per barrel, per the Finance Ministry.
PEMEX Debt, Oil Prices Up: The Week in Oil & Gas
By MBN Staff - Thu, 06/19/2025 - 16:44
Contractors warn of shutdowns over PEMEX debt, Mexico resists fuel subsidies despite oil price increases, and ICC calls for changes to antitrust bill.
Mexican Crude Tops $70 as Iran-Israel Tensions Escalate
By MBN Staff - Thu, 06/19/2025 - 16:07
The Mexican oil mix rose over 11% in a week, joining WTI and Brent above US$70/b, as the Iran-Israel conflict threatens regional energy infrastructure
IATA Lowers 2025 Forecast Amid Trade Policies, Profit Concerns
By Óscar Goytia - Tue, 06/03/2025 - 11:59
IATA cuts 2025 outlook, citing global uncertainty from protectionist trade policies, with lower passenger and cargo volumes impacting profitability
Mexico’s Oil Revenue Declines in 2025
By MBN Staff - Mon, 06/02/2025 - 12:21
Oil revenues fell 12.3% year over year from January to April 2025, with PEMEX income down 24.2%.
IEA Lowers 2025 Oil Demand Forecast Amid Trade Tensions
By MBN Staff - Tue, 04/22/2025 - 15:08
IEA has cut its global oil demand growth forecast for 2025, citing escalating trade tension.