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By Fernando Mares - Wed, 08/12/2026 - 11:08
Oil trades near US$89/b as Hormuz shipping drops, exacerbating long-term supply limits from a decade of underinvestment, industry inisders say.
https://mexicobusiness.news/tag/opec-0
More Oil & Gas
By MBN Staff - Tue, 07/07/2026 - 09:26
OPEC+ has agreed to a further increase in output targets from August, adding to global supply at a time when oil prices are falling.
By MBN Staff - Wed, 06/17/2026 - 10:01
The IMF warns that global energy market normalization will significantly lag the newly announced US-Iran ceasefire.
By MBN Staff - Tue, 06/16/2026 - 12:11
Global oil prices plummeted on Monday following the announcement of a formal agreement between the United States and Iran.
By Perla Velasco - Thu, 06/11/2026 - 15:25
Seven core OPEC+ nations have approved a 188Mb/d production quota increase for July 2026, marking their fourth consecutive monthly increase.
By Perla Velasco - Tue, 06/09/2026 - 11:21
Global oil prices rebounded on Monday, following a weekend exchange of missile strikes between Iran and Israel that disrupted a fragile ceasefire
By Perla Velasco - Fri, 05/01/2026 - 09:43
PEMEX has awarded a mixed development contract for the Cinco Presidentes-Rodador heavy crude field in Tabasco.
By Perla Velasco - Tue, 04/28/2026 - 12:49
The United Arab Emirates dealt a historic blow to OPEC, announcing its withdrawal from both OPEC and the broader OPEC+ alliance effective May 1.
By Perla Velasco - Tue, 04/07/2026 - 11:48
The conflict reached new heights following the downing of two US military jets last Friday. US President Trump issued a stern social media ultimatum.
By MBN Staff - Wed, 01/28/2026 - 12:57
PEMEX ended 2025 with total oil production (crude plus condensates) at 1.635MMb/d, marking a 7% decline year on year.
By MBN Staff - Tue, 11/04/2025 - 12:44
Eight OPEC+ countries will reduce oil production by 137Mb/d in December, maintaining supply discipline amid steady market and economic conditions.
