This Week In Petroleum May 8, 2013
Mexico-U.S. Petroleum Trade
Mexico is a net exporter of oil by the broadest measure that encompasses both crude oil and petroleum products. However, like many other major oil producing countries, it depends on cross-border and global trade to meet its need for petroleum products. Most of Mexico's petroleum trade is with the United States, the destination for most of Mexico's crude exports and the source of most of its refined product imports.