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The Nexus
BUSINESSJul 29 · 08:03 UTCTHE RIO TIMESJavier Mendoza

Petrobras Exports Surge as China Cuts Brazil Oil Buys

Petrobras' production reached a record 3.336 million barrels of oil equivalent per day in Q2 2026, driven by the Búzios pre-salt field hitting a monthly average of 1 million barrels per day. China's share of Petrobras oil purchases has decreased.

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