*Brazil’s crude oil production has started 2026 in robust style, with output hitting a series of monthly records. Production averaged 4.25mn b/d in March, up 630,000 b/d year-on-year.
*Until last year, Brazil had been struggling to fulfil its potential. Every year it was flagged up as a major source of incremental supply growth, and every year it would underperform. But production climbed steadily in 2025 and the trend has been turbo-charged this year. (CONTINUED - 207 WORDS)