Brazil’s Petrobras has record output, sales of low-sulfur diesel

(Reuters) – Brazilian state-run oil company Petrobras (PETR4.SA) said on Friday it produced a record 21.2 billion liters of S-10 diesel in 2021, up 10% from a year earlier, while sales – including imported volumes – jumped 34.7% to a record 25.8 billion liters.

Petroleo Brasileiro SA, as the company is formally known, said in a statement the record levels came in line with the modernization of Brazil’s vehicle fleet, noting that the low-sulfur S-10 diesel currently accounts for more than half of its total diesel sales.