Crude Oil Production in Brazil decreased to 2765 BBL/D/1K in May from 2958 BBL/D/1K in April of 2020.
Crude Oil Production in Brazil averaged 1727.77 BBL/D/1K from 1994 until 2020, reaching an all time high of 3168 BBL/D/1K in January of 2020 and a record low of 330 BBL/D/1K in May of 1995. This page provides the latest reported value for - Brazil Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brazil Crude Oil Production - values, historical data and charts - was last updated on September of 2020. source: U.S. Energy Information Administration
Crude Oil Production in Brazil is expected to be 3200.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Brazil to stand at 3200.00 in 12 months time. In the long-term, the Brazil Crude Oil Production is projected to trend around 3500.00 BBL/D/1K in 2021, according to our econometric models.