Crude Oil Production in Brazil decreased to 2927 BBL/D/1K in September from 2989 BBL/D/1K in August of 2019. Crude Oil Production in Brazil averaged 1694.84 BBL/D/1K from 1994 until 2019, reaching an all time high of 2989 BBL/D/1K in August of 2019 and a record low of 330 BBL/D/1K in May of 1995. source: U.S. Energy Information Administration
Crude Oil Production in Brazil is expected to be 3000.00 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 2020, according to our econometric models.