On Tuesday, two sources close to the operations of Mexico’s second-biggest refinery Tula said that the stocks are piling up due to the shutdown since late September.
Petroleos Mexicanos (Pemex)’s 315,000 bpd Tula refinery has been halted on the back of the road blocking done by some protesters. Pemex cannot transport the facility’s output for domestic consumption and exports.
In recent weeks, the refinery’s inventories have been built up, hitting full capacity and prompted Pemex to cut back production.