Brazil’s oil production rose 1.9% in May from the previous month to 3.2 million barrels of oil per day, which also represents an 11.2% jump year on year, data from oil regulator ANP showed on Tuesday.

Natural gas output in the country, meanwhile, was up 2% from April to 144.4 million cubic meters, the regulator added, a 9.6% rise from the same period a year earlier.

Source : Hellenic Shipping News