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المشهد العربي
Brazil boosts oil output amid supply gaps
Brazil's oil production in June reached unprecedented levels of 4.5 million barrels per day, marking a 19% year-over-year increase. The surge was primarily aimed at compensating for the global supply shortages caused by conflicts between the United States and Iran. Petrobras expanded its offshore operations in the Buzios field, boosting production by 4% compared to May, which contributed to raising total oil and gas output to 5.8 million barrels of oil equivalent per day.
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