PEMEX PRODUCTION DOWN TO 1.62 MBD
REUTERS- Mexico's Pemex produced 1.62 million barrels of crude per day in January, less than any month in almost three decades, the state-owned oil company said on Friday, underscoring the challenges facing a government that vows to pump far more in a few years.
The company's crude output for the month was the lowest since at least 1990, when Pemex's publicly available records begin.
The firm's crude oil output has declined for 14 consecutive years since hitting a peak of 3.4…
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