Mexico, which was one of the top-ten oil suppliers to India last year, has drastically cut its crude exports to the Asian consumer so far this year as state oil firm Pemex works to launch a large refinery to process fuel domestically, Reuters reported on Tuesday, quoting sources and industry data. Pemex and Mexican President Andrés Manuel López Obrador aim to inaugurate the Dos Bocas oil refinery in the summer of this year, although analysts doubt the refinery would produce any gasoline by the end of 2022.
Nevertheless, as it prepares…Mexico Slashes Oil Exports To India
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