Brazil · Story · Companies
Petrobras reports record diesel production and rising profits
Petrobras achieved record diesel production of 769,000 barrels per day and reported a 21.5% profit increase in Q3, reflecting strong operational performance.
Running story — the local press covered it again on 11 November 2026.
The story so far as of 11 November 2026
On 29 October, Petrobras announced a record diesel production of 769,000 barrels per day in the third quarter, a 6.7% increase from the previous year. The Brazilian government extended diesel subsidies for another 30 days to alleviate price pressures. On 11 November, Petrobras reported a net profit of R$39.8 billion for Q3, a 21.5% increase year-on-year, with operational cash flow reaching R$61.8 billion, driven by increased oil production and higher prices.
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Coverage, day by day
- Companies
Petrobras profits rise 21.5% in Q3, reaching R$39.8 billion
Impact Energy investors and stakeholders in Petrobras benefit from the company's strong financial performance and increased profits.
Sources: AgenciaBrasil ↗, Extra ↗
- Companies
Petrobras achieves record diesel production
Impact Fuel importers face reduced demand as Petrobras boosts local diesel production.
Sources: O Globo ↗
Sources in this story
Sources: each headline links to the original article on the publisher's site.