Geopolitics Alpha

Petrobras’ own oil and gas production hits new record, up 11.7% in one year

Published . Updated .

Petrobras’ own oil and gas production hits new record, up 11.7% in one year

Oct. 28 (Petrobras) In 3Q26, our average production of oil, NGL, and natural gas reached a record of 3.512 MMboed, 11.7% higher than 3Q25 and 5.3% higher than 2Q26, due primarily to the highest pro…

Directly affected

  • No company is named in this report.

Indirectly affected

  • UNG United States Natural Gas Fund-7.8% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story.

  • XLE Energy Select Sector SPDR+6.2% 30d

    Energy Select Sector SPDR: it follows natural-gas prices. Linked by “gas” (natural gas) in this story.

  • USO United States Oil Fund+7.3% 30d

    United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.

  • BWET Breakwave Tanker Shipping ETF+40.2% 19d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.

  • EWZ iShares MSCI Brazil ETF-10.9% 30d

    iShares MSCI Brazil ETF holds stocks listed in Brazil, which this story is about (“petrobras”).

  • EQT Eqt+5.7% 30d

    Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.

  • LNG Cheniere Energy+10.3% 30d

    Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.

  • KMI Kinder Morgan+4.2% 7d

    Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
UNGNo price data for this ticker———————
XLE-1.29%+1.72%base-0.58%after closeafter closeafter close
USO-2.52%-0.26%base-1.74%after closeafter closeafter close
BWETNo price data for this ticker———————
EWZNo price data for this ticker———————
EQTNo price data for this ticker———————
LNGNo price data for this ticker———————
KMINo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Petrobras’ own oil and gas production hits new record, up 11.7% in one year Brazil Energy Insight

Source: Brazil Energy Insight

How far United States Oil Fund (USO) has moved since 29 Oct 2026

CompanyWhenMoveStatus
United States Oil Fund (USO)that day-1.74%still updating
United States Oil Fund (USO)three days earlier-0.26%final price
United States Oil Fund (USO)five days earlier-2.52%final price
Select Sector Spdr Tr (XLE)that day-0.58%still updating
Select Sector Spdr Tr (XLE)three days earlier+1.72%final price
Select Sector Spdr Tr (XLE)five days earlier-1.29%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who collects and who pays in energy

Companies tied to this story

  • USO United States Oil Fund

    In “Petrobras’ own oil and gas production hits new record, up 11.7% in one year,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

  • XLE Select Sector Spdr Tr

    In “Petrobras’ own oil and gas production hits new record, up 11.7% in one year,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

  • UNG United States Natural Gas Fund

    For “Petrobras’ own oil and gas production hits new record, up 11.7% in one year,” United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence. Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story

  • BWET Amplify Commodity Trust

    Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “Petrobras’ own oil and gas production hits new record, up 11.7% in one year.” Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story

  • EWZ Ishares Msci Brazil Etf

    For “Petrobras’ own oil and gas production hits new record, up 11.7% in one year,” Ishares Msci Brazil Etf (EWZ) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Brazil ETF holds stocks listed in Brazil, which this story is about (“petrobras”)

  • XOM ExxonMobil Holdings

    ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “Petrobras’ own oil and gas production hits new record, up 11.7% in one year.” Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • CVX Chevron

    In “Petrobras’ own oil and gas production hits new record, up 11.7% in one year,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • EQT Eqt

    Eqt (EQT) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “Petrobras’ own oil and gas production hits new record, up 11.7% in one year.” Reason on file: Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story

United States Oil Fund (USO) and the energy link

“Petrobras’ own oil and gas production hits new record, up 11.7% in one year” (29 Oct 2026) reaches United States Oil Fund (USO) through Energy.

United States Oil Fund (USO) is on the page because United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

The price range for United States Oil Fund (USO), and the dates in the story

UNG traded between 9.31 and 11.43 across 20 sessions. The latest close on file is 9.51. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 166.69. XLE traded between 61.05 and 69.86 across 20 sessions. The latest close on file is 68.46.

How solid the energy case looks

46 out of 100Price not final

“Petrobras’ own oil and gas production hits new record, up 11.7% in one year” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.