Market Talks: Surge in Brazil's Oil Production and New Argus FOB Price
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Market Talks: Surge in Brazil's Oil Production and New Argus FOB Price
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With the expansion of the pre-salt fields and advances in offshore infrastructure, Brazil is approaching the milestone of producing 4 million barrels of crude per day. Attentive to this growth, Argus has launched FOB prices for the Tupi, Mero, and Buzios grades, facilitating comparisons with feedstock from other regions and supporting the understanding of refinery costs. Learn more in this conversation between Camila Fontana, Deputy Bureau Chief of the Argus office in Brazil, and João Scheller, specialist for the Argus Crude report.
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