Petrobras CEO says oil output nearing 3 million barrels per day

The significance here is less the round number than what it signals about Petrobras' operational trajectory: reaching roughly 3 million barrels per day would mark a step-change in the company's output scale, with implications for Brazil's position in global supply and for the fiscal weight Petrobras carries for its state owner. The immediate audience is anyone tracking Brazilian crude flows, state-linked energy earnings, and the wider supply picture. Whether output holds at or above that level — and how the company frames it in its next disclosures — is the open question.