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flag Petrobras reports slight oil production dip but increases domestic sales and exports to India.

flag Petrobras, Brazil's state-run oil company, reported a slight 0.2% dip in oil production to 2.77 million barrels per day in the first quarter of 2025, though it saw a 5.4% sequential increase. flag The boost came from better efficiency and new production facilities. flag Despite a 1% yearly drop in Brazil's oil production and a 10.4% decline in exports, Petrobras increased domestic sales by 2.9%, focusing more on diesel, gasoline, and jet fuel. flag The company also signed a deal to export more oil to India.

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