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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 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

5 days ago·4min

More on this topic

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

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