Isthmus-34 Light is a sour crude oil produced in

Mexico Mexico, officially the United Mexican States, is a country in North America. It is the northernmost country in Latin America, and borders the United States to the north, and Guatemala and Belize to the southeast; while having maritime boundar ...

mainly in the

Campeche Campeche, officially the Free and Sovereign State of Campeche, is one of the 31 states which, with Mexico City, make up the Administrative divisions of Mexico, 32 federal entities of Mexico. Located in southeast Mexico, it is bordered by the sta ...

zone, in the

Gulf of Mexico The Gulf of Mexico () is an oceanic basin and a marginal sea of the Atlantic Ocean, mostly surrounded by the North American continent. It is bounded on the northeast, north, and northwest by the Gulf Coast of the United States; on the southw ...

along with the extraction centers in

Chiapas Chiapas, officially the Free and Sovereign State of Chiapas, is one of the states that make up the Political divisions of Mexico, 32 federal entities of Mexico. It comprises Municipalities of Chiapas, 124 municipalities and its capital and large ...

Tabasco Tabasco, officially the Free and Sovereign State of Tabasco, is one of the Political divisions of Mexico, 32 Federal Entities of Mexico. It is divided into Municipalities of Tabasco, 17 municipalities and its capital city is Villahermosa. It i ...

, and

Veracruz Veracruz, formally Veracruz de Ignacio de la Llave, officially the Free and Sovereign State of Veracruz de Ignacio de la Llave, is one of the 31 states which, along with Mexico City, comprise the 32 Political divisions of Mexico, Federal Entit ...

. The name derives from the nearby

Isthmus of Tehuantepec The Isthmus of Tehuantepec () is an isthmus in Mexico. It represents the shortest distance between the Gulf of Mexico and the Pacific Ocean. Before the opening of the Panama Canal, it was a major overland transport route known simply as the T ...

. Before 2017, the oil was a component of the

OPEC Reference Basket The OPEC Reference Basket (ORB), also referred to as the OPEC Basket, is a weighted average of prices for petroleum blends produced by OPEC members. It is used as an important benchmark for crude oil prices. OPEC has often attempted to keep the ...

(despite Mexico's not being a part of

OPEC The Organization of the Petroleum Exporting Countries (OPEC ) is an organization enabling the co-operation of leading oil-producing and oil-dependent countries in order to collectively influence the global oil market and maximize Profit (eco ...

). It has the following characteristics:

References

Benchmark crude oils Pemex Gulf Coast of Mexico Petroleum industry in Mexico {{Petroleum-stub

See also

References