Oil production in Brazil has been on a mostly upward trend for over a decade, reaching over 3.5 million barrels per day in 2023. This represents an increase of over 12.4 percent in comparison to 2022. Petrobras, the national oil corporation, is by far the leading crude oil producer in Brazil, accounting for more than 90 percent of the national output.
Oil production in Brazil from 2008 to 2023
(in million barrels per day)
This report was previously published by BP.
Figures include crude oil, shale oil, oil sands, condensates and NGLs. Liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas are excluded, as well as oil shales/kerogen extracted in solid form.
Figures have been rounded.
This statistic was compiled using several releases of the publication.
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Energy Institute. (June 20, 2024). Oil production in Brazil from 2008 to 2023 (in million barrels per day) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/265184/oil-production-in-brazil-in-barrels-per-day/
Energy Institute. "Oil production in Brazil from 2008 to 2023 (in million barrels per day)." Chart. June 20, 2024. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/265184/oil-production-in-brazil-in-barrels-per-day/
Energy Institute. (2024). Oil production in Brazil from 2008 to 2023 (in million barrels per day). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/265184/oil-production-in-brazil-in-barrels-per-day/
Energy Institute. "Oil Production in Brazil from 2008 to 2023 (in Million Barrels per Day)." Statista, Statista Inc., 20 Jun 2024, https://www.statista.com/statistics/265184/oil-production-in-brazil-in-barrels-per-day/
Energy Institute, Oil production in Brazil from 2008 to 2023 (in million barrels per day) Statista, https://www.statista.com/statistics/265184/oil-production-in-brazil-in-barrels-per-day/ (last visited December 03, 2024)
Oil production in Brazil from 2008 to 2023 (in million barrels per day) [Graph], Energy Institute, June 20, 2024. [Online]. Available: https://www.statista.com/statistics/265184/oil-production-in-brazil-in-barrels-per-day/
