Epstein Secrets

sive layoffs (a macro rather and a company-specific concern). But the key question about asset sales has to do with undeveloped pre-salt reserves. Wood Mackenzie estimated in 2014 that Petrobras could have about 25bn barrels of crude oil recoverable reserves in its pre-salt fields and estimated that they cou

have about 25bn barrels of crude oil recoverable reserves in its pre-salt fields and estimated that they could be worth about USD6.6/boe while the Brent price was above USD90/bbl. Since Brazilian pre-salt reserves break even in the low 40s (USD/bbl), it is hard to imagine a large chunk of those sell

sive layoffs (a macro rather and a company-specific concern). But the key question about asset sales has to do with undeveloped pre-salt reserves. Wood Mackenzie estimated in 2014 that Petrobras could have about 25bn barrels of crude oil recoverable reserves in its pre-salt fields and estimated that they cou

have about 25bn barrels of crude oil recoverable reserves in its pre-salt fields and estimated that they could be worth about USD6.6/boe while the Brent price was above USD90/bbl. Since Brazilian pre-salt reserves break even in the low 40s (USD/bbl), it is hard to imagine a large chunk of those sell

% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% CAGR 2015 - 2020E 2016E Note: *excludes investment demand Source: Deutsche Bank Research, Wood Mackenzie, Platinum* Aluminium Nickel Copper Zinc EFTA01476148 Lead Iron ore Oil EFTA01476149 8 December 2015 World Outlook 2016: Managing with l

hen modelled OPEC production of 32.4 mmb/d matches our calculated call on OPEC (i.e., the volume required from OPEC It o balance demand). Oil at a Brent price of USD45/bbl is below the 2016 national budget breakeven level for all of the ten countries assessed by our EMEA macro team, and also below t