Sales by Brazilian oil company Petrobras grew 24% in the first quarter
This performance means a growth of R$ 5.7 billion (US$ 2.3 billion) when compared to the same period in 2004, and was influenced by the increase in the prices of the commodity. On May 12th, for the first time, company production exceeded 1.8 million barrels a day, reaching Brazilian consumption, but self-sufficiency has not yet been reached as average production has not yet arrived at this level.
Isaura Daniel
A journalist with a degree from Unisinos and experience in economy and finance, she has been responsible for international coverages and amassed eight journalism prizes.
