Petrobras production up despite global recession and health crisis

The negative effects of the global recession caused by the public health crisis did not substantially impact Petrobras’ production and sales performance in the first quarter, according to the Brazilian oil company’s production and sales report.

Petrobras said on Monday that the average production of oil, NGL, and natural gas was 2,909 kboed, resulting in commercial production of 2,606 kboed and oil production of 2,320 kbpd.

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