Mexico. State-owned Petroleos Mexicanos told the media that its oil reserves fell from 15,514 to 14.717 million barrels, according to América Economía magazine, which has reserves for nine years.The official statement notes that the country ranks 16th in the world in proven reserves; these represent 68% of the total, but 32% has yet to be extracted, and crude oil restitution rates are lower than what the company requires. Similarly, the high price of crude oil has reduced the company's revenue due to the higher turnover corresponding to the import of petroleum products.
