Brazil’s Petrobras recorded a 4.4% increase in its crude oil production over the first quarter of the year, with the average daily rate at 2.24 million barrels. The company attributed the increased output to ramp-ups at five platforms and the start of commercial extraction from 19 new wells in the Santos and Campos basins, Reuters reported. These brought the average daily oil equivalent production rate to 2.78 million barrels. A little over two-thirds of the total came from the pre-salt zone and it was the only production that rose,…
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