Business · Energy & Commodities · 2 hrs ago
Mexico’s oil blend reached $85 a barrel on Thursday
Mexico’s crude oil export blend was priced at $85 a barrel on Thursday, November 5.
The figure comes from daily data published by state oil company Pemex.
Pemex says the price is an estimate for information only, calculated using regional pricing formulas and daily market closing prices.
Mexico produces three main types of crude: Maya, Istmo and Olmeca, which differ in density and how they can be used.
Pemex figures say heavy Maya crude makes up 54% of the country’s oil output, while Istmo accounts for 33% and Olmeca for 12%.
Pemex produced 98.8% of Mexico’s crude in 2020, according to the figures cited in the story.
Mexico’s oil blend reached $85 a barrel on Thursday, November 5.
The price was reported using daily data published on the official website of state oil company Pemex.
Pemex says the export crude price is an estimate for informational purposes.
The estimate uses regional pricing formulas and the daily closing prices of the relevant oil quotations.
- Who
- Mexico’s oil blend.
- What
- It reached $85 a barrel.
- When
- Thursday, November 5. The article was published on November 6, 2026.
- Where
- Mexico’s oil blend price, as reported on Pemex’s website.
- Why
- Not stated
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- Price
- $85 a barrel
- Date
- Thursday, November 5
- Data source
- Pemex’s official website