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    Home » Petrobras says cost of oil extraction in sub-salt area may fall below $6 a barrel

    Petrobras says cost of oil extraction in sub-salt area may fall below $6 a barrel

    August 21, 2019
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    Roberto Castello Branco     REUTERS/Sergio Moraes

    Rio De Janeiro — State-controlled oil firm Petroleo Brasileiro SA said the cost of extracting oil in subsalt areas may fall from the current level of $6 a barrel, Chief Executive Roberto Castello Branco said during an event.

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