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Mexico’s refinery ramp falters, fuel imports rise again
Mexico’s refineries ran at about 1 million barrels per day, or 58% of installed capacity in 2Q 2026, as crude processing fell and product imports climbed.
OilPrice reports that Mexico’s effort to reduce dependence on imported gasoline and diesel is being undermined by operational struggles at Pemex refineries, even as the country expands refining capacity.
According to the outlet, Mexican refineries processed only about 1 million b/d, roughly 58% of installed capacity, in 2Q 2026, while fuel imports increased again.
OilPrice says the initial recovery helped cut clean-product imports from an average of around 750,000 b/d in 2024 to about 520,000 b/d during the first five months of 2026, with refinery runs climbing to roughly 1.2 million b/d between December and March 2026.
The outlet adds that the improvement began to unravel in April, when crude processing fell back to near 1.01 million b/d by June, while product imports rose to around 620,000 b/d in May and about 700,000 b/d in June.
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