Brazil's Oil Production Expected to Disappoint

Oil was lower, and Brazilian crude exports in October suggest the country’s production could fall modestly this year due to unplanned outages, a strike at Brazil’s environmental agency, project delays and field maintenance, UBS said.

Oil was lower, and Brazilian crude exports in October suggest the country’s production could fall modestly this year due to unplanned outages, a strike at Brazil’s environmental agency, project delays and field maintenance, UBS said.