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2018-07-30 13:40:00

PETROBRAS NEEDS CHINA

PETROBRAS NEEDS CHINA

REUTERS - Brazil's state-controlled energy company Petrobras plans to push more crude oil to top importer China by marketing a new medium-sweet grade that could be shipped from October, two sources with knowledge of the matter said.

Petrobras expects to start pumping pre-salt oil from new platforms in the fourth quarter that would add to output from Latin America's biggest producer and lift its exports.

The new supply could enlarge Brazil's market share in China as buyers there…

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Tags: PETROBRAS, BRAZIL, CHINA, USA
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