Key facts
- Brazil's oil production reached a record 4.334 million barrels per day in April.
- This represents a 2.2% increase from the previous month.
- This represents a 19.5% increase year-over-year.
Brazil's oil production has reached a new record high in April, surpassing previous output levels. The increase of 2.2% month-over-month and 19.5% year-over-year indicates a significant expansion in the country's oil sector. This data comes from the National Agency of Petroleum, Natural Gas and Biofuels (ANP).