investment cuts
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Brazilian Petrobras Slashes Production, Capital, Investment Plans
Wednesday, 13th January 2016
Brazil's state-run oil producer, Petróleo Brasileiro SA (Petrobras), has slashed its production targets by 1.8% to 2.1mb/d and capital spending budget by 24.5% to $98.4m in the period between 2015-2019.
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Loading ...| Commodity CMDTY | Units | Price | Change |
| Crude Oil (WTI) WTI | USD/bbl | 63.71 | +0.78% |
| Crude Oil (Brent) Brent | USD/bbl | 67.62 | +0.87% |
| NYMEX Natural Gas | USD/MMBtu | 2.85 | -0.87% |
| OPEC Basket Price | USD/bbl | 63.73 | +2.79% |
Last Modified February 25, 2021