As Mexico’s and Venezuela’s Fall, Brazil’s Oil Production Rises
Brazil now third-largest oil producer in Americas Brazil is now the third-largest oil producer in the Americas, behind only Canada and the U.S., according to the EIA. The EIA reports Brazil produced Brazilian oil output has been rising since the mid-1990s, growing from less than 1 MMBOPD to nearly 3.7 MMBOPD in July this year. While the U.S. has always