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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (1377886)10/26/2022 2:25:41 PM
From: Wharf Rat  Read Replies (1) of 1575764
 
Gas Flowing into Europe + Climate Warmed Winter = Putin Losing Leverage" I only wish that were true. Unfortunately the price of oil is still pretty high:"'

Gas and oil aren't the same thing. Here's something I just posted elsewhere about oil. I think prices will stay high for a while.
Oil output from Brazil’s Petrobras dips nearly 7% in third quarter
SAO PAULO, Oct 24 (Reuters) – Brazilian state-run oil company Petrobras PETR4.SA said on Monday that its crude oil production during the third-quarter fell 6.8% compared to the same period last year.

Petroleo Brasileiro SA, as the company is formally known, pumped 2.115 million barrels per day (bpd) in the July-to-September period, according to a Petrobras statement.

Brazil is Latin America’s top oil and gas producer, ahead of other major regional petroleum suppliers Mexico, Colombia and Venezuela.

Including natural gas output, the Brazilian oil giant produced a daily average of 2.644 million barrels of oil equivalent, down 6.6% from the same quarter last year.

The Rio de Janeiro-based company attributed the declining output to fewer barrels from its Atapu and Sepia fields, the stoppage of operations at its FPSO Capixaba unit as well as what it described as the “natural decline” of mature fields.

Around 73% of Petrobras output came from Brazil’s so-called pre-salt fields, an oil-rich offshore region off the country’s southeastern Atlantic coast.


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The Trump Presidency Message Board - Msg: 34051736 (siliconinvestor.com)
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