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Brazil breaks record in oil production in June, says ANP

A drone view shows an offshore oil platform in Guanabara Bay, in Niterói, in the state of Rio de Janeiro. Pilar Olivares / Reuters Brazil's oil production in June reached a record 4.475 million barrels per day (bpd), an increase of 4.0%...

Brazil breaks record in oil production in June, says ANP
365 Summary

Pre-salt activity once again boosted production, totaling 3.699 million bpd. The new best oil production mark surpasses that recorded in April, when the country produced 4.340 million bpd.

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A drone view shows an offshore oil platform in Guanabara Bay, in Niterói, in the state of Rio de Janeiro. Pilar Olivares / Reuters Brazil's oil production in June reached a record 4.475 million barrels per day (bpd), an increase of 4.0% compared to the previous month and 19.1% compared to the same month last year, according to data published by the regulatory agency ANP this Monday. Pre-salt activity once again boosted production, totaling 3.699 million bpd. The new best oil production mark surpasses that recorded in April, when the country produced 4.340 million bpd.

*This report is being updated