In Q1 2024, Brazil’s Petrobras reported a production of 2.776 million barrels per day (bpe/d), a 3.7% increase from 2023. Despite this, there was a 5.4% decline from the previous quarter. Specifically in Brazil, production reached 2.742 million bpe/d, up 3.9% year-over-year but down 5.5% from the previous quarter. The company linked the quarterly drop […]
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