Brazil's Crude Exports at Record High

Oil

Brazilian crude exports rose to a record high of 2.05M b/d in June, up 838K b/d m-o-m, the largest monthly increase since December 2019, the country's trade ministry MDIC data showed. Brazil's combined diesel and gasoline imports eased slightly by 10K b/d m-o-m to a three-month low of 290K b/d in June, which was about 74K b/d higher y-o-y.