Today’s Key Themes Offshore oil milestone → Petrobras hits 2.4M bpd average in 2025, up 11% YoY and above guidance, bolstering exports and energy security via pre-salt ramps like Búzios and Tupi Auto sector drag → Brazil’s 2025 recovery cooled with production at 2.64M vehicles (up 3.5% but below targets) and sales up 2.1%, hit […]