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  1. News
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Oil & gas

Coverage of Oil & gas in Brazilian foreign trade.
Editorial illustration on Brazilian foreign trade for the foreign trade chapter
★Featured

Brazilian crude to Portugal hits all-time high price

Brazilian crude oil sold to Portugal reached US$ 0.79 per kilogram in May, 37.5% above the prior record set in 2024. See the full panel with official MDIC data.

2w ago·4min

More on this topic

Editorial illustration on Brazilian foreign trade for the foreign trade chapter
Oil & gas

Brazilian Crude to Madeira Hits Record Price in 2026

Brazilian crude oil sold to Madeira reached $0.79 per kilo, a record 37.5% above the prior all-time high set in August 2024. See the full panel with official MDIC da

3w ago·4min
Editorial illustration on Brazilian foreign trade for the foreign trade chapter
Oil & gas

Russia now owns 68% of Brazil's refined fuel oil imports

Russia's share of Brazil's refined petroleum oil imports jumped from 46.6% to 68.2% in the first half of 2026 year to date, worth $1.06 billion in FOB value.

Jul 21·5min
Editorial illustration on Brazilian foreign trade for the foreign trade chapter
Oil & gas

India vaults 12 spots to become #2 buyer of Brazilian crude

Nearly absent from the ranking before, India jumped 12 spots to become the #2 buyer of Brazilian crude oil, worth US$ 528.3 million at the close of 2025.

Jul 19·4min
Editorial illustration on Brazilian foreign trade for the foreign trade chapter
Oil & gas

Brazil's refined oil exports to Poland jump 7x

Brazil's exports of refined petroleum products to Poland surged more than 7-fold in two years, opening a new European supply corridor from Santos.

Jun 11·4min
Editorial illustration on Brazilian foreign trade for the foreign trade chapter
Oil & gas

Brazilian refined oil exports to Panama more than quadruple year-to-date

Brazil's refined oil exports to Panama hit 3 million tons in 2025 — roughly 300 times the corridor's average — hinting at a redistribution role.

Jun 8·4min
Editorial illustration on Brazilian foreign trade for the foreign trade chapter
Oil & gas

Brazil crude oil shipments to China hit 2.4x the February norm

Brazil crude oil to China hit US$ 1.95 bn in February 2026, against a seasonal baseline of US$ 825 mn — a +136% deviation from the three-year norm.

Jun 3·4min
Editorial illustration on Brazilian foreign trade for the foreign trade chapter
Oil & gas

Brazil crude oil to South Korea holds at all-time price high in 2026

Brazilian crude oil exports to South Korea reached US$ 0.70/kg in Apr/2026, matching the all-time record price set in Jan/2025 on the bilateral corridor.

Jun 3·4min
Editorial illustration on Brazilian foreign trade for the foreign trade chapter
Oil & gas

China holds 64.5% of Brazil's crude oil exports in 2026

China accounts for 64.5% of all Brazilian crude oil exports in 2026, with accumulated FOB of US$ 3.2B — a concentration that sets the pace for the entire

May 31·4min
Editorial illustration on Brazilian foreign trade for the foreign trade chapter
Oil & gas

Paraguay controls 99% of Brazil's electricity import supply

With an HHI of 0.978 and only three active partners, Brazil's imported electricity is concentrated to a degree rarely seen in major trade flows.

May 30·2min
Editorial illustration on Brazilian foreign trade for the foreign trade chapter
Oil & gas

Turkey vaults from near-zero to #1 in Brazilian gas exports

Turkey climbed from rank 26 to #1 in Brazilian petroleum gas exports through April 2026, capturing 57.6% of total FOB — US$37.9 M — up from near zero.

May 27·3min
Editorial illustration on Brazilian foreign trade for the foreign trade chapter
Oil & gas

Turkey leaps to #1 buyer of Brazilian gas, from near zero

Turkey jumped from 26th to 1st place in Brazilian petroleum gas exports in 2025, capturing 57.6% of total volume — a move that came from virtually nowhere.

May 26·4min
Editorial illustration on Brazilian foreign trade for the foreign trade chapter
Oil & gas

Brazil crude exports to China climb 51% as Beijing cuts Russia, Saudi

China's pivot from Russian and Saudi crude lifted Brazil's oil exports 51% YTD through April 2026, from US$1.7 bn to US$2.6 bn — 13 months running.

May 26·3min
Editorial illustration on Brazilian foreign trade for the foreign trade chapter
Oil & gas

Turkey claims 57% of Brazil's gas exports through April 2026

Turkey jumped from rank 26 to #1 in Brazilian petroleum gas exports in the first four months of 2026, capturing 57.6% of total shipments — US$ 37.9 M vs.

May 26·3min
Editorial illustration on Brazilian foreign trade for the foreign trade chapter
Oil & gas

Singapore jumps 10 places to top-3 in Brazilian crude oil

Singapore climbed from 13th to 3rd place in Brazil's crude oil export ranking in 2026, posting US$ 294.9M FOB — a 10-position leap in the Jan–Apr period.

May 25·4min
Editorial illustration on Brazilian foreign trade for the foreign trade chapter
Oil & gas

Brazilian crude oil to the UK crosses half-million-ton mark for the first time

British refineries bought 552,674 tons of Brazilian crude in the 2025 closed year against a 31,341-ton historical average — a sleepy lane woke.

May 22·4min
Editorial illustration on Brazilian foreign trade for the foreign trade chapter
Oil & gas

Brazilian crude oil shipments to the UK surge year-to-date in 2026

Volumes hit 552,674 tons after a multi-year historical average barely above 31,000 — refinery rerouting away from Russian crude is the lead suspect.

May 22·5min

Related topics

ExportsMarket ShareChinaRecord priceTurkey