Brazil Oil Production Increases

Brazil Oil Production Increases


Despite a raging coronavirus pandemic, Brazil managed to produce an average of 2.94 million barrels of oil per day (Mb/d) in 2020. This was 5.5 percent higher than their 2019 output of 2.785 Mb/d, and surpassed that of OPEC’s third largest oil producer, the United Arab Emirates at 2.77 Mb/d….

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Suzanne Driscoll is a freelance writer for Sharemoney from St. Petersburg, Florida. She has written for national publications on issues involving business, healthcare, education and immigration.

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