Mexican state oil company Pemex saw a smaller loss in the second quarter versus the same period in 2018, writes Kathrine Schmidt.
Pemex reported a 14% drop in revenue to 376.6 billion pesos ($19.7 billion) during the three months to June compared to the second quarter of 2018.
The company's net loss fell to 52.7 billion pesos, an improvement from the 2018 quarter's loss of 163.1