Petrobras Sees Sub-salt Oil Below $6/bbl

August 20, 2019

(File photo: Petrobras)
(File photo: Petrobras)

State-controlled oil firm Petroleo Brasileiro SA said the cost of extracting oil in subsalt areas may fall from the current level of $6 a barrel, Chief Executive Roberto Castello Branco said during an event.


(Reporting by Marta Nogueira Writing by Ana Mano Editing by Chizu Nomiyama)



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