Mexican Crude Shipments to U.S. Decline to Record Low

U.S. crude oil imports from Mexico registered a significant decline. Imports fell to a weekly record low of 131,000 barrels per day (bpd) during the week ending November 28. This figure represents a substantial decrease of 431,000 bpd from the preceding period.

Mexican oil shipments to the U.S. hit a record low, reflecting shifting energy markets.

Historical Context of Imports

This latest data point marks the lowest import level ever recorded. The U.S. Energy Information Administration (EIA) began tracking this specific data series in 2010. Therefore, this volume establishes a new benchmark. It represents the minimal crude oil flow from Mexico to the United States.

Analysis of the Decline

The significant reduction saw imports fall by 431,000 bpd. This sharp decrease directly contributed to the establishment of the new record low. Analysts often monitor such shifts for broader energy market trends.

Data Source and Methodology

The U.S. Energy Information Administration (EIA) provides this crucial data. Specifically, their Petroleum Supply Report contained these figures. The agency has diligently tracked this specific trade flow since 2010.

These figures highlight a notable and record-setting shift in crude oil trade between the two nations. Observers will continue to monitor future reports. They aim to understand any potential ongoing trends in energy supply dynamics.