April 2017

Down 10%, Mexico Oil Reserves Gone In 9 Years Without New Finds

(By Adam Williams-Bloomberg) Mexico’s existing oil reserves are dwindling so fast the country could go dry within nine years without new discoveries. That’s the message from the National Hydrocarbons Commission, which said Friday that the reserves fell 10.6 percent to 9.16 billion barrels in 2016, from 10.24 billion barrels a…

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