Business · Energy & Commodities · 2 hrs ago
Mexican oil blend reaches $107 a barrel on October 23
Mexico’s export oil blend was priced at $107 a barrel on Friday, October 23, according to state oil company Pemex.
The figure is a daily estimate for information, 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 processed.
Pemex remains Mexico’s leading crude producer, accounting for 98.8% of the country’s output in 2020, according to figures cited in the story.
Maya, a heavy crude, is Mexico’s most exported type and is used mainly for domestic energy, while lighter grades can yield more fuels or other products.
The $107 price offers a snapshot of the value of Mexico’s oil exports, but no next step or forecast is given.
The Mexican crude oil blend reached $107 a barrel on Friday, October 23, according to data published by Pemex.
Pemex’s export crude price is an estimate provided for informational purposes.
The estimate uses regional pricing formulas and the daily close of relevant quotations.
Mexico produces three types of crude: Maya, Istmo and Olmeca.
Pemex is Mexico’s main crude oil producer.
- Who
- Pemex published the price data.
- What
- The Mexican crude oil blend reached $107 a barrel.
- When
- Friday, October 23, 2026.
- Where
- Mexico; the price was published on Pemex’s official website.
- Why
- Not stated.
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This story does not have a timeline yet.
- Price
- $107 a barrel
- Date
- October 23, 2026
- Source
- Pemex’s official website
- Mexican crude types
- Maya, Istmo and Olmeca