Tag: Brazil crude oil exports

A Brazilian Boost, Across the Barrel

Brazil has emerged as a global powerhouse in the crude market after production reached a record high last year of over 3 million barrels per day. Exports rose in tandem with production, climbing to average over 1mn bpd. The South

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New Chinese Dawn in Bolsonaro’s Brazil

As the Brazilian economy opens up to international markets with Bolsonaro’s election, China is expected to put forth an aggressive approach to become an even bigger player in the Brazilian economy. Though the election of president-elect Jair Bolsonaro has generated anti-Chinese rhetoric in Brazil, strong economic ties between the two countries means divorce is unlikely.

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