Key Market Indicators
Mexican demand for Crude Oil Production is projected to decrease by 0.4% year on year, reaching 70,060 Thousand Tonnes Of Oil Equivalent in 2026. Since 2007, demand has decreased at a CAGR of 5.4%. In 2021, Venezuela overtook Mexico with 88,010 Thousand Tonnes Of Oil Equivalent, placing the country in twelfth place. Saudi Arabia, the United States and Iraq held the top three positions in the global Crude Oil Production ranking.
