Gasoline and diesel sales fell 3.86% year-over-year in July: Pemex

Alejandro Alegría

La Jornada Newspaper, Monday, September 8, 2025, p. 23

Gasoline and diesel sales volumes for Petróleos Mexicanos (Pemex) were lower in July than in the same month last year, which impacted revenues, according to data from the public company.

In the seventh month of the year, the state oil company sold an average of 662,000 barrels per day, 3.86 percent less than the 688,000 barrels per day reported in the same period last year.

Compared to June, when Pemex sold an average of 661,000 barrels per day, July saw a 0.18 percent increase.

Regular or Magna gasoline, included in a pact to keep its price no higher than 24 pesos per liter, was the gasoline that showed the greatest recovery in sales volume.

The public company reported that during the reference period it sold 509,000 barrels of Magna gasoline per day, an increase of 0.13 percent compared to June.

The public company reported 39.35 billion pesos in July from gasoline sales, a drop of 11.23 percent compared to the 43.976 billion pesos reported in the same month in 2024. However, the monthly variation shows an increase of 4.96 percent.

According to data from the consulting firm PetroIntelligence, sales expectations for the gasoline sector were positive in the seventh month. However, 44 percent of business owners surveyed indicated that sales during the reference period were lower than in July 2024.

The consulting firm's survey shows that the damage caused by the sale of adulterated energy, tax smuggling, and fuel theft persists; 78 percent of respondents believed these illicit activities have been increasing. In May, 55 percent expressed this opinion, and 73 percent in June.

Reuters

La Jornada Newspaper, Monday, September 8, 2025, p. 23

Washington. Kevin Hasset, director of the White House National Economic Council and on President Donald Trump's shortlist to be the next Federal Reserve (Fed) chairman, said yesterday that the central bank must be "totally independent of political influence, including President Trump's," he told CBS News.

"We've seen countries that have allowed leaders to take over central banks, and that tends to be a recipe for inflation and misery for consumers," he added.

Trump's demands that the Fed lower rates and his rebukes of Fed chairman Jerome Powell (whose term ends in May 2026) for his handling of monetary policy have fueled doubts about the central bank's ability to set monetary policy without regard for the wishes of politicians.