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Petrol Corporation's revenue increased by 55% in the first quarter
May 05, 2017

Mexico’s “Millennium” reported on May 4 that in the first quarter of this year, due to the increase in gasoline and diesel prices and the growth of oil exports, the revenue of Mexican National Oil Company increased by 55% year-on-year to 348.586 billion pesos (about 18.8 billion US dollars). In the same period, crude oil production of the Mexican National Oil Company approached 2.02 million barrels per day, a year-on-year decline of 9.5%. However, the company said that its output was within the scope of its annual plan, with crude oil export revenue of US$4.356 billion, a year-on-year increase of 62.5%, and an average gasoline import of 510,000. Barrels/day, a year-on-year increase of 22.5%.