Petrobras Average Daily Production Fell 1.1% in February

Petroleo Brasileiro SA said its average production fell 1.1 percent in February, when compared to January, to 2.7 million barrels of oil equivalents per day, according to an e-mailed statement.

Petrobras, as the state-owned oil company is known, produced on average 2,45 million barrels of oil equivalents per day in Brazil, being 2,1 million barrels of oil and 56,9 million cubic meters of natural gas, according to the statement.

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