Brazil’s Petrobras output rises 5 pct in May

Jun 8, 2016 8:10am EDT

Brazil’s Petroleo Brasileiro SA said on Wednesday that output rose 5 percent in May from April to 2.83 million barrels of oil and equivalent natural gas a day.

Petrobras, as the state-run company is known, said average oil output rose 6 percent in May to 2.24 million barrels per day, its fifth largest rate of production on record. (Reporting by Silvio Cascione; Editing by Chizu Nomiyama)

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