Free Trial

Brazil Crude Production Slips 3.5% m/m to 3.536mbpd in October


Brazil: October oil production was at 3.536mbpd according to ANP figures, -3.5% m/m, +9.2% y/y.

  • Strong Brazil production this year has strongly contributed to non-OPEC supply growth that is weighing on oil prices into late 2023.
  • See chart for historical production levels.

Source: ANP

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.