Brazil produced a record 4.32 million barrels of oil and natural gas equivalent per day in June, an increase of 18% compared to the same month in 2022 (3.66 million barrels per day), official sources announced today. Daily oil and natural gas production in Brazil, which is the ninth largest...
Tag: barrels
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OPEC forecasts daily oil production to rise to nearly 30 million barrels in February
The volume of oil produced by OPEC rose to almost 30 million barrels a day in February, 117,000 barrels a day more than in January, despite the group's commitment to keep production limited, it was announced today. According to data published today by the Organization of the Petroleum Exporting Countries (OPEC) in the report...
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OPEC+ cuts oil production by 2 million barrels per day
The OPEC+ alliance of oil producers, led by Saudi Arabia and Russia, decided Wednesday in Vienna to reduce its production by 2 million barrels per day, the biggest cut since the pandemic. The announcement was made by Iran's Deputy Oil Minister, Amir Hossein Zamaninia, at the end of a conference...