Petrobras hit a record 3.336 million boe/d in Q2 2026, but China slashed crude purchases. Exports doubled as India, Europe and new Asian buyers stepped in.
Brazil · Energy
Key Facts
—Output. Petrobras own production reached a record 3.336 million barrels of oil equivalent per day in the second quarter of 2026.
—Driver. The Búzios pre-salt field, the company’s main growth engine, hit a monthly average of 1 million barrels per day for the first time.
—China. China’s share of Petrobras crude exports collapsed from about 62 percent in Q1 2026 to roughly 35 percent in Q2.
Petrobras says its giant Buzios field pumped a record 1.1 million barrels a day, even as oil prices slide. Why the milestone…
Petrobras says its Búzios field now pumps over one point two million barrels a day, more than several OPEC members, after a jump…
Brazil's crude exports to China surge 94.6% in value as the Iran war and closed Strait of Hormuz force Asia to seek alternatives…
Foram 3,336 milhões de barris de óleo equivalente (boe) por dia, alta de 14,1% na comparação com igual período do ano passado
Presidente da estatal, Magda Chambriard, diz que petróleo será o principal produto de exportação do Brasil este ano
Brazil's record oil and gas production, combined with heightened Middle East supply risks, is accelerating its emergence as one…
