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Oil News in Brazil

Petrobras on Fuel Oil Exports
6/5/2020 - Petrobras reports that it exported 1.11 million tons of fuel oil in May, surpassing the previous record set in February 2020 by 10%. The amount of fuel oil exported was 231% higher than the volume...
Petrobras Reaches Oil Export Record in April
5/4/2020 - Petrobras informs that it exported 1 million barrels of oil per day in April. This represents a new oil export record and contributes to strengthening the company's cash flow. The previous record was ...
Karoon Energy signed Oil Marketing Agreement with Shell West
10/21/2019 - Karoon Energy Ltd (Karoon) is pleased to announce that its wholly-owned subsidiary, Karoon Petroleo e Gas Ltda (KPG), has signed a marketing agreement with Shell Western Trading and Supply Limited (...
Brazil Oil Supply - August 2017
Brazil Oil Supply - August 2017 8/29/2017 - Brazilian liquids supply in 2Q17 was revised up by 11 tb/d following an increase of output in June by 20 tb/d m-o-m to average 3.35 mb/d. Preliminary liquids output in July indicates the same level of...
Brazil Oil Demand - June 2017
Brazil Oil Demand - June 2017 7/12/2017 - In Brazil, oil demand returned to a declining trend during April 2017, shedding 0.13 mb/d, or around 5.7% y-o-y, with total consumption at 2.22 mb/d. ...
Brazil Oil Demand - April 2017
Brazil Oil Demand - April 2017 4/20/2017 - In February 2017, oil demand in Brazil eased by 68 tb/d, or around 3% y-o-y. Total oil consumption in the country was 2.27 mb/d. The decline was led by fuel oil and ethanol, which eased by around 35% ...
Latin America Oil Supply - March 2017
Latin America Oil Supply - March 2017 3/15/2017 - Oil supply from Latin America is predicted to increase by 0.18 mb/d to average 5.30 mb/d in 2017, despite declining in 2016 by 90 tb/d. Oil production in Brazil is expected to increase by 0.26 mb/d, w...
Latin America Oil Supply - January 2017
Latin America Oil Supply - January 2017 2/2/2017 - Oil supply from Latin America is predicted to increase by 0.21 mb/d, to average 5.33 mb/d in 2017, despite declining in 2016. Brazil’s liquids supply is estimated to average 3.15 mb/d in 2016, an incr...
Latin America Oil Supply - December 2016
Latin America Oil Supply - December 2016 1/4/2017 - Brazil’s liquids supply is expected to average 3.14 mb/d in 2016, an increase of 0.08 mb/d over the previous year. Preliminary crude oil production shows a decrease of 50 tb/d, m-o-m in October to ave...
Latin America Oil Demand - November 2016
Latin America Oil Demand - November 2016 11/24/2016 - Brazilian oil demand continued its sluggish performance in September, with oil demand dipping by 72 tb/d y-o-y, consistent with weakening macroeconomic conditions. This has taken total consumption in ...
Latin America Oil Supply - October 2016
Latin America Oil Supply - October 2016 11/3/2016 - Latin America’s oil supply is estimated to decline by 0.07 mb/d to average 5.12 mb/d in 2016, unchanged from the last MOMR. The expected growth this year from Brazil as the main driver of this region ...
Latin America Oil Demand - September 2016
Latin America Oil Demand - September 2016 10/9/2016 - In July 2016, product demand eased further in Brazil, shedding more than 0.15 mb/d, or 6.2%, y-o-y, largely a reflection of the weak economic situation in the country. Cumulatively, with data up to Ju...
Latin America Oil Supply - September 2016
Latin America Oil Supply - September 2016 9/20/2016 - Latin America’s oil supply is estimated to decline by 0.07 mb/d to average 5.11 mb/d in 2016, revised down by 10 tb/d from the last MOMR. Latin America, which was the second-highest driver of growth i...
Latin America Oil Demand - June 2016
Latin America Oil Demand - June 2016 6/16/2016 - In Brazil, oil demand for the month of April was declining again, with product demand dipping by more than 0.12 mb/d, or around 5% y-o-y, with total consumption at 2.35 mb/d. All product categories ha...
Latin America Oil Demand - May 2016
Latin America Oil Demand - May 2016 5/21/2016 - In Brazil, 1Q16 data – with March data incorporated – now illustrates a steep decline in consumption of around 0.15 mb/d, or more than 6%, compared with 1Q15. The decline apparently reflects weak econ...
Latin America Oil Supply - May 2016
Latin America Oil Supply - May 2016 5/16/2016 - Latin America’s oil supply grew by 0.18 mb/d in 2015, but production is not expected to be strong enough to repeat this performance in 2016. Therefore, oil supply for the year is expected to contract ...
Latin America Oil Demand - March 2016
Latin America Oil Demand - March 2016 3/28/2016 - Brazilian oil demand had a sluggish start in 2016 with oil demand dipping by more than 0.3 mb/d y-o-y. This was in line with weakening macroeconomic data. This has brought total consumption in Brazil ...
Latin America Oil Supply - February 2016
Latin America Oil Supply - February 2016 2/24/2016 - Latin America’s oil supply saw good growth of 0.17 mb/d in 2015, making it the second-strongest region next to OECD Americas, with an average supply of 5.18 mb/d. This growth will shrink to only 40 tb...
Latin America Oil Demand - January 2016
Latin America Oil Demand - January 2016 2/1/2016 - In Brazil, November oil demand saw a decrease of around 0.13 tb/d or more than 5% y-o-y. Sluggish performance continued largely as a result of overall slower economic activity in the country. Gasoline...
Latin America Oil Demand - December 2015
Latin America Oil Demand - December 2015 1/3/2016 - In Brazil, oil demand declined in October 2015 y-o-y, dipping by around 0.16 mb/d or around 6% y-o-y. This decline seemed to be a reflection of the creeping pace of the economic momentum. Total oil de...

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