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 year earlier. Once the world’s…

This content is for Gold Membership Plan, Gold Membership Plan – Annual Payment, Silver Membership Plan, and Silver Membership Plan – Annual Payment members only.
Login Join Now