In brief

615 million barrels per day.

Including gas, the total exceeded 6 million boe/d.

What we know

04
  1. Verified fact · material

    Brazil oilOilAssetEnergy commodity whose price reflects supply, demand, inventories, logistics and geopolitical risk.Open in the Market Map ↗ production was 4.615 million barrels per day in August, up 2.6% from July, according to ANP.

    Measures the output pace.

    Sources[01][03]
  2. Verified fact · material

    It was the third consecutive monthly oilOilAssetEnergy commodity whose price reflects supply, demand, inventories, logistics and geopolitical risk.Open in the Market Map ↗ output record.

    Shows the upward trend.

  3. Verified fact

    According to ANP, total oilOilAssetEnergy commodity whose price reflects supply, demand, inventories, logistics and geopolitical risk.Open in the Market Map ↗ and gas output was 6.002 million boe/d, and the pre-salt accounted for 82.6%.

    Sizes the total.

    Sources[01]
  4. Verified fact

    According to ANP, oilOilAssetEnergy commodity whose price reflects supply, demand, inventories, logistics and geopolitical risk.Open in the Market Map ↗ output rose 18.4% from August 2025 and gas output reached 220.55 million m³ per day.

    Compares with the previous year.

    Sources[01]

Transmission to assets

Market read-through

Record volume, combined with BrentOilAssetEnergy commodity whose price reflects supply, demand, inventories, logistics and geopolitical risk.Open in the Market Map ↗ above US$ 100, sustains oilOilAssetEnergy commodity whose price reflects supply, demand, inventories, logistics and geopolitical risk.Open in the Market Map ↗ exports at historic levels and government take revenue.

Portfolio impact

01
Petroleiras e balança comercialpositive

More volume with expensive oilOilAssetEnergy commodity whose price reflects supply, demand, inventories, logistics and geopolitical risk.Open in the Market Map ↗ expands exports and revenue.

Price may fall.

What would change the view: BrentOilAssetEnergy commodity whose price reflects supply, demand, inventories, logistics and geopolitical risk.Open in the Market Map ↗ above US$ 100.

commodity40% confidence

Direction is an explanatory hypothesis, not a forecast or recommendation.

Next signals

What to watch

  • September output
  • OilOilAssetEnergy commodity whose price reflects supply, demand, inventories, logistics and geopolitical risk.Open in the Market Map ↗ exports in the September trade balance
  • New platforms coming online

Limits of the reporting

What remains uncertain

  • Pre-salt and gas details were reported by the official source.

Full sources

04