Canadian, Brazilian oil producers lock in revenues as prices rally: sources

Capt. John

Oil producers in Canada have jumped on an opportunity to lock in revenues for 2019 and 2020 as average crude futures for those years have soared over 20 percent to their highest levels this year, sources familiar with the deals said. Brazil’s state-run oil giant Petróleo Brasileiro SA was also...

https://www.hellenicshippingnews.com/canadian-brazilian-oil-producers-lock-in-revenues-as-prices-rally-sources/

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