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Pemex Back in Red Despite Oil Production Uptick

Mexico s Pemex back in red, needs to lower Dos Bocas refinery cost

Mexico s Pemex back in red, needs to lower Dos Bocas refinery cost
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Mexico s Pemex back in red despite oil production uptick

Higher tax payments and foreign exchange losses pushed Mexico's Petroleos Mexicanos back into the red in the third quarter, even as crude production recovered somewhat, the state oil company said on Thursday.

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