(EnergyAsia, December 9 2011, Friday) — Declaring an end to the era of cheap oil, Brazil’s leading oilman said “the new normal will be a very tight oil market.”José Sergio Gabrielli de Azevedo, CEO of Brazil’s state-owned Petrobras, made this call at the fifth annual Platts Global Energy Outlook Forum entitled, “The World’s Quest for…
MARKETS: Petrobras CEO at Platts forum says tight oil market is “new normal” as cheap oil era is over
Posted on December 9, 2011 by EnergyAsia