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Mexico's oil sector facing uncertainty under incoming Lopez Obrador administration

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Listen: Mexico's oil sector facing uncertainty under incoming Lopez Obrador administration

Big questions remain about the outlook for Mexico's oil sector as President Andres Manuel Lopez Obrador takes office December 1.

Duncan Wood, director of the Wilson Center's Mexico Institute, joins Meghan Gordon and Brian Scheid to talk about some of the factors to watch.

Will the new administration hold additional bidding rounds for offshore leases? Can Pemex turn around its falling oil production or build a new refinery? What message are investors taking from the apparent ouster of the country's upstream regulator? And will Lopez Obrador work with US President Donald Trump on energy issues or clash with him? Part 1of our three-part series on Latin America's changing oil politics.

Part 2: Bolsonaro as 'Tropical Trump' and his impact on Brazil's oil markets

Part 3: Colombia aims to double oil output, but hurdles remain

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Commodities Spotlight podcast: Mexico's retail fuel markets face challenges, opportunities with new president set to take office