The Central Bank of Cuba published an international overview reporting that Brazil’s crude oil production reached a record 4.5 million barrels a day in June, up 19% from 2025 and nearly 4% from May, based on data from Brazil’s National Agency of Petroleum, Natural Gas and Biofuels. Combined oil and natural gas output reached 5.8 million barrels of oil equivalent a day. Petrobras-led deepwater production accounted for about 87% of total output, with Búzios the largest oil-producing field and Mero the largest gas-producing field. The additional Brazilian supply has helped offset lower Middle Eastern exports after the conflict involving the United States and Iran disrupted shipping through the Strait of Hormuz.
Central Bank of Cuba2026-08-04
Central Bank of Cuba reports record Brazilian oil production of 4.5 million barrels a day
The Central Bank of Cuba reported that Brazilian crude production reached a record 4.5 million barrels a day in June, a 19% annual increase. Petrobras-led deepwater fields drove the rise, helping offset supply disruptions linked to the conflict involving the United States and Iran.