A post by @FirstSquawk on X.

Pemex has raised its crude oil processing to the highest level since 2013, according to a First Squawk post citing company figures. The Mexican state oil producer's refineries are running at their strongest rate in more than a decade, marking a turnaround for a company long plagued by underutilized capacity. The milestone matters because Pemex has been under pressure to lift domestic fuel output and reduce reliance on imported refined products. Investors will watch whether the higher throughput is sustained in coming months and whether it translates into improved refining margins and financial results for the heavily indebted company.