Petrobras Sets Record Output in Q1 as Refining Gains Cut Imports
In Q1 2026, Petrobras achieved a record upstream production of 3.23 million boe/d and improved downstream performance with higher refinery output to 1.816 million barrels per day. The company's refining gains reduced reliance on fuel imports, particularly for LPG.
Tickers: $PBR
Topics: Brazil oil production Petrobras pre-salt fields refining