- Aug 9, 2021 5:56 pm GMT
The oil market is entering a period of structural volatility amid upstream underinvestment and extreme uncertainty over long-term demand. Against this backdrop, short turnaround investments that can get barrels to market quickly are highly sought-after. The chastised US shale space is sitting on its hands, opening a small-scale but high-margin investment opportunity in the Brazilian onshore space as national oil company Petrobras retreats from the sector.
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