Closed-door talks between Pemex and a private consortium led by Talos Energy over who will control operations of the so-called Zama project in the southern Gulf of Mexico have recently slowed.
Oil demand in the first quarter of 2020 is expected to fall compared with a year earlier, the IEA said, noting it would be "the first quarterly decrease in more than a decade."
Defendants sought to sell oil to China in violation of sanctions.
The EIA on Feb. 11 cut its global oil demand growth forecast for this year by 310,000 barrels per day as the coronavirus outbreak dents oil consumption in China.
Rystad Energy now predicts global oil demand will grow by 820,000 bbl/d in 2020, down from a December forecast of 1.1 million bbl/d.
U.S. Energy Secretary Dan Brouillette also said that while LNG prices are the lowest they've been in years, "the future is still bright for LNG."
Oil prices have dropped more than 25% from a peak in January with U.S. crude back below $50 a barrel after the spreading virus hit demand in China, the world's largest oil importer.
Saudi Arabia's stock market led most Gulf bourses lower on Feb. 9 after oil prices plunged more than 6% at the end of last week, while oil giant Aramco fell for a sixth consecutive day.
French oil major accuses a customer of trying to take advantage of coronavirus situation.