Brazil Oil Output Dips

November 5, 2018

© currahee_shutter / Adobe Stock
© currahee_shutter / Adobe Stock

Oil production in Brazil fell 5.9 percent in annual terms to an average of 2.486 million barrels per day, the nation's ANP oil regulator said on Monday.

In a statement, the ANP said natural gas production fell 0.9 percent year-over-year to an average of 113 million cubic meters per day. Brazil produced a total of 3.196 million barrels of oil equivalent per day in September on average.


(Reporting by Alexandra Alper and Gram Slattery; Editing by Chizu Nomiyama)

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