- Raiders Rip Cash Machine Out of Bank's Wall
- Ericsson Buys Nortel Wireless Units for $1.13 Billion
- Berkshire Hathaway Rallies to 6-Month Closing High
- 30,000 China Steelworkers in Deadly Clash: Report
- Iran Vows to Hit Israel's Atomic Sites if Attacked: Report
- Market Insider: Earnings Remain a Tailwind for Stocks
- After Dismal Results, Is Tech Trade Intact?
- Oil Next Week: What Energy Traders Will Be Watching
- Reverse Stock Splits and Unintended Consequences
- Market 360: The Week's Best & Worst
- Hirschhorn: Manage Risk or it Will Manage You
- If FINA Ruling Holds, Business Would Change
- Homeownership Society: All in Good Time
- Compliments, Complaints, and the Obama T-Shirt Mystery
- Art Cashin: Dow 10,000 Possible Near-Term
- When Does Palm Stop Acting As Apple Wanna-be?
- Dunkelberg: 'To Raise the Cost of Labor, What is Congress Thinking?'
- Sometimes Fairy Tales Do Come True
- State claims delay in Alaska oil spill case
- Obama hawks health care overhaul, citing study
- GE Oil and Gas to lay off 93 from Oshkosh site
- Summertime Santa: Anniston's ice cream man
- Schumer wants to curb traders' flash orders
- E-China: The bicycle kingdom is going electric
- Another bump in the road for Tesla Motors
- Shreveport aims for mineral leases on 740 acres
- Mega indoor flea market opens in SC
Text Size 
MEXICO CITY - Mexico's state oil company says production fell 7.5 percent in the first six months of the year.
Petroleos Mexicanos, known as Pemex, says its oil output averaged 2.6 billion barrels a day, compared to 2.8 billion barrels during the same period of 2008.
Exports plunged 14.8 percent to 1.2 billion barrels a day during the first half of 2009, compared to 1.4 billion in the year-earlier period.
Mexico is the third-largest oil supplier to the United States. Its reserves are drying up, and Pemex has been slow to explore deep-water deposits.
Lower oil prices, meanwhile, have caused a steep decline in revenues. Pemex said Friday the average price for Mexico crude mix was $47.37 a barrel during the first six months, compared to $93.84 in the first half of 2008.
Print
Email
Data is a real-time snapshot *Data is delayed at least 15 minutes