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Brazil’s oil cargo tender falls through with no bids

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Brazil’s oil cargo tender falls through with no bids

03 June 2018, Sao Paulo — Brazil received no bids in the first tender for a total 1.63 million barrels of crude extracted from the prolific pre-salt zone, Reuters reports. The state received the oil as payment from operators of fields in the zone and planned to sell it on under three-year contracts. However, interest …

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Brazil’s oil cargo tender falls through with no bids Brazil’s oil cargo tender falls through with no bids Reviewed by Crude Oil Brokers on 21:04 Rating: 5

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