Mexico Evacuates Oil Rigs; Hurricane Emily Causes Suspension of Nearly All Crude Oil Exports and Production Until Friday

Summary


MEXICO CITY (AP) - Mexico has suspended nearly all of its crude oil exports after evacuating more than 15,000 workers from offshore oil platforms in the Gulf of Mexico in advance of Hurricane Emily, state oil monopoly Petroleos Mexicanos announced on Monday.

Pemex suspended 1.87 million barrels of crude oil exports and halted daily production of 2.95 million barrels, in addition to 1,600 million cubic feet of gas, said Alejandro Olmos Cruz, a spokesman for Pemex.

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Mexico Evacuates Oil Rigs; Hurricane Emily Causes Suspension of Nearly All Crude Oil Exports and Production Until Friday

About 80 percent of Pemex's crude oil exports are sent to the United States, making Mexico one of the top foreign oil ...

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