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Brazil: crude oil export prices 2019-2020

The price of crude oil exported from Brazil attained an average price of 0.20 U.S. dollars per kilogram in May 2020, the lowest value reported in the displayed period. In comparison to the same month of the previous year, this represents a decrease of more than 62 percent. In the following three months, prices increased continuously, reaching 0.28 dollars per kilogram in August and September 2020.
International oil prices collapsed in the first months of the year, due to dramatic reductions in demand as a result of the COVID-19 crisis. Nevertheless, in the first semester of 2020, crude oil and condensate exports from Brazil increased by 26.8 percent in comparison to the same period of 2019.

Average price of crude oil exported from Brazil from January 2019 to September 2020

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Source

Release date

October 2020

Region

Brazil

Survey time period

January 2019 to September 2020

Special properties

it includes exports of oils obtained from bituminous minerals

Supplementary notes

The source does not specify the publication date. The release date is the date of access.

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Statistics on "Oil industry in Latin America"

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