Fitch Affirms Pemex at BB+ with Stable Outlook, Citing Strengthening Profile

Fitch Ratings affirmed Pemex's long-term international rating at BB+ with a stable outlook and national rating at AA (mex), citing a strengthening credit profile. The affirmation reflects continued government support and improved operational metrics, though the company remains highly leveraged. This is a credit-positive signal for Pemex's debt and could support Mexican sovereign risk sentiment.