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Home»News»Pemex saves the year with profits of 23,000 million pesos benefited by high crude prices

Pemex saves the year with profits of 23,000 million pesos benefited by high crude prices

Stanley BowersBy Stanley BowersFebruary 27, 2023No Comments1 Min Read
Pemex saves the year with profits of 23,000 million pesos benefited by high crude prices
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Pemex started 2022 with good results, however, its financial performance declined as the year progressed and the price of oil decreased from more than 100 dollars in the first months to a price of around 70 dollars per barrel.

The company’s fourth quarter was not as productive as the previous ones and recorded a net loss of 172,567 million pesos, which was offset by the good results of previous months.

Information in development…

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