Sputnik – The state-run Pemex oil company is losing 93 cents for each barrel sold, as it costs $23 to produce. In December, Mexican authorities announced that Mexico oil revenues decreased by 38 percent in the last 10 months compared to the same period in 2014.

http://sputniknews.com/latam/20160112/1032979153/mexico-oil-price-drops.html