Home Business Brazilian Oil Production Falls 4.9% in February in Yearly Comparison

Brazilian Oil Production Falls 4.9% in February in Yearly Comparison

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Brazil’s oil production in February hit 2.489 billion barrels a day, down 5.4 percent from January and 4.9 percent from the same period last year, the National Oil Agency (ANP) regulator.

As for natural gas, Brazilian production in February was 110 million cubic meters a day, 2.7 percent below January’s, but up 0.3 percent year-over-year.