What was Brazil's crude oil production in June, and how did it compare year-on-year and month-on-month?

Brazil's crude oil production reached a record 4.5 million barrels per day in June, representing a 19% increase from the same period a year earlier and a roughly 4% rise from May's level, according to data from the National Agency of Petroleum, Natural Gas and Biofuels (ANP).

How has Brazil's oil output contributed to global supply amid Middle East disruptions?

Rising production from Brazil and other non-OPEC producers has helped offset reduced oil exports from the Middle East, where US–Iran conflict has disrupted shipping through the Strait of Hormuz—a waterway that previously handled about one-fifth of the world’s oil—and upended expectations of a 2024 oil surplus driven by non-OPEC output.

Brazil’s Oil Output Hits Record as War Drives Up Non-OPEC Supply

Aug 3, 2026

Brazil's crude oil production reached a record 4.5 million barrels per day in June, led by Petrobras maximizing offshore capacity amid Middle East conflicts. This surge helps offset global supply disruptions caused by reduced exports from the region.

bloomberg

2026-04-30

Petrobras Output Hits Record as Iran War Jolts Oil Markets

2026-05-02

Brazil's Petrobras raises natural gas prices by 19% after oil shock

2026-05-11

Brazil's Petrobras posts 7% decline in first-quarter net profit

2026-05-11

Petrobras Misses Profit Estimates Despite War-Driven Oil Rally

2026-05-25

Petrobras Bets on Fertilizer Revival to Cut Brazil's Import Dependency, But Political Risk Looms