Bloomberg: Mexico's oil production falls to 46-year low. This is a problem for the United States

Mexico is approaching its lowest oil production since the late 1970s, the period before the discovery of the giant Cantarell oil field. About this writes Bloomberg.

According to the agency, this situation could create problems for American refiners, which currently depend on Mexican oil.

According to tanker monitoring, Mexican oil exports fell to a record low in June – only 529,000 barrels per day.

This is due to both a decline in production and the launch of the country's largest refinery, Dos Bocas, which reduces the amount of oil available for export to foreign markets.

The situation is complicated by the financial problems of the state-owned company Pemex. It owes its suppliers about $20 billion, which has led to the suspension of contracts and protests in oil-dependent regions.

The Cantarell field in Mexico once provided 35 billion barrels of oil, while new deposits, such as Zama, contain only about 800 million barrels.

As of 2025, Mexico's average oil production is only 1.62 million barrels per day, the lowest since 1979.

Mexico's problems have arisen at a critical time for the United States. Oil supplies to the country from other countries, including Venezuela and Canada, have also declined due to sanctions and trade disputes.

• on June 7, it was reported that if the OPEC+ countries continue to restore oil production at the current pace, they will fulfill their 18-month program as early as the fall.