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Economy

Petrobras reaches record oil and diesel production in the third quarter of 2026

The state-owned company recorded a 12.4% increase in oil production in Brazil, reaching 2.83 million barrels per day, in a strategic move to reduce reliance on external imports.

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The essentials of this story

What happened
Petrobras recorded record oil and diesel production, as well as records in exports of oil and derivatives.
Who is affected
Petrobras shareholders and the Brazilian energy market.
What changes
Increases domestic fuel production to reduce reliance on imports and alters the geographical distribution of oil exports.

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Sources

  1. Produção de petróleo da Petrobras (PETR4) sobe 12,4% e bate recorde no 3T26 — InfoMoney (accessed 10/28/2026)
  2. Petrobras bate recorde de produção de diesel no terceiro trimestre — Folha de S.Paulo — em cima da hora (accessed 10/29/2026)