Oil reserves reach 2019 levels

In 2024, Mexico's proven crude oil reserves stood at 5.136 billion barrels, a 3 percent drop from last year. Credit: Pemex.

Last year , Mexico recorded its lowest level of oil reserves since 2019 and very close to those held in the early 1970s when the Cantarell field had not yet been exploited, according to data from the Organization of Petroleum Exporting Countries ( OPEC+ ).