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Montevideo, April 25th 2018 - 14:18 UTC

Brazil is the world's ninth largest producer of hydrocarbons

Wednesday, December 27th 2017 - 10:44 UTC

Brazil has produced 3.3 million barrels per day (b/d) of petroleum and other liquids so far in 2017, according to data through August, up from 3.2 million b/d in 2016, making it the ninth-largest producer of petroleum and other liquids in the world. Production of crude oil in Brazil increased in recent years as producers targeted large, offshore, pre-salt oil deposits. Brazil’s pre-salt oil production in 2016 reached a record 1.02 million b/d, surpassing the 2015 production level by 33%. Read full article

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