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The exchange rate beat the finances of Petróleos Mexicanos (Pemex) and Federal Electricity Commission (CFE) in the first half of the year.
According to the financial statements of state-owned companies sent yesterday to the Mexican Stock Exchange (BMV), the two companies added losses for 84 thousand 322 million pesos: 44 thousand 458 correspond at Pemex and 39 The financial results obtained, according to David Ruelas Rodríguez, chief financial officer of Pemex, are attributed, in large part, to a foreign exchange loss. The peso had a depreciation of 8% against the dollar, passing the exchange rate from 18.34 units per banknote on March 31 to 19.86 at the end of June 
In the report, the director of Pemex, Carlos Treviño commented that "the projects described and approved by our Council are continuing, which have consolidated and confirmed our place in the most important group and the largest oil and gas company in the world. "
Ruelas Rodríguez reported that the company "continues its efforts to optimize its operations and strengthen its results, so that the financial equilibrium is achieved in the medium term."
The official explained that the oil company has increased its total sales by 24.6% during the first six months of the year.
During this period, resources amounted to 833,570 million, unlike the 668,000,935 million seized during the same half of 2017, mainly because of the recovery in gasoline prices. Diesel 
In this sense, the company reported income from the sale of these two fuels of the order of 366 thousand 443 million of pesos between 1 January and 30 June, compared to 300 thousand 350 million of first half of 2017 .
However, in operational terms Pemex's results decreased: Crude oil production fell by 6.7%, as it stopped producing 134 thousand barrels a day in the first half. Meanwhile, gas extraction has been reduced by 9.3%, from 5,000 to 316,000 cubic feet per day.
This situation had an impact on the production of gasoline which decreased by 28.6% compared to that recorded in the first six months of the previous year , from 941,000 barrels per day to 672,000.
Gasoline production decreased by 29.6% and diesel production by 31.3%. In fact, Mexico produces historical minimum levels of motor fuels: 212,000 barrels and 129,000 barrels per day in the first half, which resulted in a 9.8% increase in gasoline purchases . . However, crude oil exports increased from 1 million barrels to 70 million barrels to 219,000, an increase of 13.9 percent
. Regarding the CFE, his report reports a loss of 39 thousand 864 million pesos during the semester.
The state-owned producer reported that several factors contributed to this result, for example, the average price of energy billed to customers decreased by 9% from 1 669 pesos by kilowatt hour in the second quarter of 2017 to 1,518 pesos in the second quarter of 2018.
Therefore, for the closing of the first half, revenue from the sale of electrical service were reduced by 24 thousand 865 million pesos, an amount which partly explains the negative net result.
In addition, the costs of operating the company increased by 16.7%, from 168.539 million pesos to 196.823 million pesos, due to the rise in fuel prices that She uses to produce electricity.
The CFE paid 137,137 million pesos to to buy fuel which cost 11 643 million pesos more than in the first half of last year
. Another factor that influenced was the exchange loss, which represented only the state electricity company in the second quarter. 26 thousand 441 million pesos.
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