SUBSCRIBERS
Petrobras: Oil prices unlikely to hit US$100 per barrel again
Published Wed, Sep 23, 2015 · 09:50 PM
Rio de Janeiro
IT'S unlikely that oil prices will ever return to US$100 a barrel and Petroleo Brasileiro SA needs to work with suppliers to manage the price rout, an executive at the state-run oil producer said on Tuesday.
"We were all surfing the great wave of US$100 a barrel," said Cristina Pinto, the company's executive manager for exploration and p…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
California to wrap up ExxonMobil plastics probe ‘in weeks’, AG says
Gold edges higher; hovers near one-week low on tempered Middle East fears
Why has gold’s inverse relationship with the US dollar reversed?
Oil futures fall as fears of a wider Middle East war fade
Malaysia’s Sapura Energy to sell stake in SapuraOMV to TotalEnergies for US$705 million
Saudi Aramco in talks to buy 10% of China’s Hengli Petrochemical