Finance

Pemex Posts Third Straight Loss Despite War-Fueled Oil Rally

Petroleos Mexicanos posted its third straight quarterly loss as surging global oil prices failed to boost the debt-laden oil giant’s finances amid slumping production and refineries that are bleeding cash.

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Bloomberg
April 30, 2026·1 min read
Pemex Posts Third Straight Loss Despite War-Fueled Oil Rally

Image: Bloomberg

Petroleos Mexicanos posted its third straight quarterly loss as surging global oil prices failed to boost the debt-laden oil giant’s finances amid slumping production and refineries that are bleeding cash.

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Pemex Posts Third Straight Loss Despite War-Fueled Oil Rally

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