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Brazil's Petrobras second-quarter oil production rises 2.6%
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Brazil's Petrobras second-quarter oil production rises 2.6%
Jul 29, 2024 5:44 PM

SAO PAULO, July 29 (Reuters) - Brazilian state-run oil

company Petrobras said on Monday its crude oil

production during the second quarter rose 2.6% from the year-ago

period after it ramped up five new oil platforms and started

production in 12 wells.

Petrobras pumped 2.16 million barrels per day (bpd) from

April to June, and produced 2.7 million barrels of oil

equivalent per day (boepd), a 2.4% increase over the same period

in 2023, the company said in a statement.

Sales of oil gas and derivatives reached 2.94 million

boepd, a 4% increase over the year.

Total exports rose 36% on a year-on-year basis, with

851,000 bpd of oil and derivatives exported in the period.

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