Wil Government Intervention End Brazil’s Oil Boom? ...Middle East

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Wil Government Intervention End Brazil’s Oil Boom?
source : OILPRICE ( Middle East ) () 48
Latin America’s largest economy Brazil has experienced a massive oil boom over the last decade and a half that saw the country become the top regional and leading global petroleum producer. For some time, analysts have asserted that Brazil has the potential to boost hydrocarbon production by as much as 70%, which would see it become the world’s fourth-largest oil producer, but there are several headwinds that can impede such significant growth. There are fears that leftist President Lula da Silva will implement unfavorable policies…

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