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Oil Production Grows 2.8 Percent from February to March

By Contributing Reporter

RIO DE JANEIRO, BRAZIL - Oil production in Brazil grew 2.8 percent from February to March, according to the monthly bulletin of the National Agency of Petroleum, Natural Gas and Biofuels (ANP).

In total, 2.56 million barrels of oil were produced per day. Compared to March 2018, there was also an increase, although modest, of 0.1 percent.

Of this total, 1.54 million barrels were produced from oil removed from the pre-salt layer, representing 60.15 percent of national production. The result is 6 percent higher than that recorded in February of this year . . .

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