Free Trial

Brazil’s Oil and Gas Production Hit Record in 2023

OIL

Average annual oil and gas production in Brazil hit a record in 2023 at 4.344m boe/d, according to ANP, cited by Bloomberg.

  • This is up 12% from the previous record in 2023 and is the first time the national average annual production exceeded 4m boe/d.
  • Separate oil and gas production also hit a record high of 3.403m b/d of oil, up 12.6% on the year.
  • Gas production was 150 mcm/d, up 8.7% on the year.

To read the full story

Close

Why MNI

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.