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Weekly Report - 02 November 2023 (WR-23-44)

TRACKING TRENDS

BRAZIL | Petrobras sees quarterly rise in oil production. The Brazilian state-controlled oil company Petrobras released a report on production and sales for the third quarter of 2023 on 26 October, which showed an average daily production figure of 2.88m barrels of oil equivalent per day (boed) for oil, liquid natural gas (LNG), and natural gas. This marks a 9.1% increase from the previous quarter.

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