Brazil’s Oil and Gas Production: Trends and Implications

In March 2024, Brazil’s oil output slightly decreased by 2.7%, recording 3.356 million barrels daily. Despite this dip, production was up 7.7% from the previous year. Similarly, natural gas production fell 3.1% to 143.98 million cubic meters daily, yet increased by 3.9% year-over-year. The broader trend in Brazil’s energy sector highlights significant growth, particularly in […]

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