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Brazil’s Oil and Natural Gas Production Breaks Records in May

RIO DE JANEIRO, BRAZIL - Brazil's total oil and natural gas production hit record levels in May, the National Petroleum, Natural Gas and Biofuels Agency (ANP) said on Tuesday, July 2nd.

The total oil production amounted to 2.731 million barrels per day (bpd) in May, surpassing the previous mark of 2.73 million bpd, achieved in December 2016, representing an increase of 4.7 percent year . . .

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