Floating Production Intelligence

Floating Production Intelligence

Brazil Oil Production Rose in March Despite Pandemic

May 4, 2020

Floating Production Intelligence LLC.

Brazil produced 2.973 million barrels per day of oil in March, up 0.1% from February and up 16.1% from the same month a year before, national oil regulator ANP said on Monday.

The figures suggest that production cuts announced at the end of March by state-run oil giant Petroleo Brasileiro SA had a relatively modest impact on output for the month.


(Reporting by Gram Slattery)

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