The sales volume of Petróleos Mexicanos (Pemex) gasoline fell by 2.7% in monthly terms in July, reaching 700,389 barrels per day, which for the first time so far this year broke its upward streak, according to the state in its Statistics.
And it is that after almost consecutive monthly falls throughout 2019, 2020 and 2021, which even led to 506,686 barrels per day being sold in January 2021, which has been the lowest volume of this six-year period and practically of the entire decade –which is 38% lower than what was sold last month–, as of January, the volume of internal sales of gasoline in the country increased steadily, thanks to the recovery of mobility because restrictions on Covid-19 closures and restarted or increased activity in many industries.
Thus, from a consumption of 565,599 barrels per day that was reported in January, in the seventh month of the year this volume of 700,389 barrels per day was reached, with increases in the volume month after month, which were at least 0.9% in April , but in March they reached 14 percent.
In any case, as indicated by Pemex, this volume was 21% higher than that recorded in the same month last year, when the volume of internal sales was 576,171 barrels per day.
On the other hand, thanks to the high prices of oil derivatives due to geopolitical issues, such as the rise in the price of oil due to the increase in demand due to greater mobility in Asia, or the Russian invasion of Ukraine that caused the market to European Union imposed sanctions on purchases of Russian products, revenues from gasoline sales reached 70.227 million pesos, a value 18% higher than the previous year.
However, the drop in sales volume did have an impact on their value, since between June and July 2021 the value of gasoline sales fell by 9.7%, also due to the fact that prices were finally reduced after their biggest rise in decades. And it is that, for example, the price of the Mexican export mixture still remained at an average of 97.57 dollars per barrel.
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