Brazil's oil production fell by 6% in the first quarter

Sinopec News.

In the first quarter of 2021, Petrobras’ production fell by 5% year-on-year to 2.

Last year, Brazil became one of the few winners from the new crown epidemic and its crisis on the oil market.

Therefore, Petrobras said in October last year that it plans to increase production this year, reaching 3.

Even with these setbacks, Brazil is still one of the hottest regions in the global oil market.

Wang Lei excerpted from today's oil prices

The original text is as follows:

Brazil Reports 6% Oil Output Decline In Q1

Crude oil production in Brazil averaged 2.

The output of state-owned Petrobras fell by 5 percent on the year in the first quarter of 2021, to 2.

Last year, Brazil became one of the very few winners from the pandemic and the crisis it caused on oil markets.

As a result, Petrobras said it planned to boost production this year, to some 3.

Even with such setbacks, Brazil remains one of the hottest spots in global oil.