Brazil eases rules in oil industry to boost production

Thursday, June 21st 2018 - 08:57 UTC

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Brazil’s move to ease rules forcing oil producers to buy from domestic suppliers means Latin America’s top producer will be able to sustain output of 5 million barrels per day (pbd) by the mid-2020s, compared to just 3.7 million bpd under prior rules, consultancy Wood Mackenzie said in a report on Wednesday. Read full article

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chronic
Market based purchasing.

Imagine that.
Jun 21st, 2018 - 04:41 pm - Link - Report abuse 0
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