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Mexico's Pemex taking 'wait-and-see' approach on exports as oil prices climb, minister says
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Mexico's Pemex taking 'wait-and-see' approach on exports as oil prices climb, minister says
Mar 20, 2026 12:01 PM

CANCUN, Mexico, March 20 (Reuters) - Mexican state-run

oil firm Pemex is waiting to see how oil prices behave

in the mid-term before altering its strategy on crude exports,

Finance Minister Edgar Amador told Reuters on Friday.

"Our perspective is that this should be a relatively

temporary effect," Amador said in an interview at Mexico's

annual banking convention, referring to the recent climb in

prices tied to the conflict in the Middle East.

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