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Brazil Sets Monthly Oil Production Record Driven by Pre‑Salt Fields

Rising offshore output could increase Brazil's ability to sell crude into volatile global markets driven by recent Middle East tensions.

Overview

  • Brazil produced 4.475 million barrels per day in June 2026, a 4% rise from May and a 19.1% increase year on year according to ANP data.
  • Pre‑salt fields supplied the bulk of the gain with about 3.699 million bpd, roughly 82% of the country’s oil‑equivalent output in June.
  • State oil company Petrobras was the dominant producer at about 2.61 million bpd when including its consortium stakes, while the Búzios field alone produced 1.02 million bpd.
  • Natural gas output rose to 217.35 million cubic meters per day, but 126.22 million m3/day was reinjected to maintain reservoir pressure and 6.63 million m3/day was flared, a rise linked to commissioning of the P‑79 platform.
  • The offshore concentration of production—98.1% of oil and 87.6% of gas in June—underscores infrastructure limits for moving gas to consumers and means future export or domestic supply choices will hinge on pipeline buildout and gas‑treating investments.