3 Ways to Profit from Brazil's Tupi Oil Field [View article]
china's reason for investing in PBR is far different than the reason for an individual. China seeks first, guaranteed access to oil reserves, regardless of cost/ROI. China could care less if PBR were nationalized at the expense to shareholders, so long as their access to source is upheld.
On Feb 17 08:40 AM paultaut wrote:
> Snoqual: Hope they are right must mean you own it. > > in which case I hope they are right too. You have good company, China > invested $10 Billion in PBR in Q4 last year.
3 Ways to Profit from Brazil's Tupi Oil Field [View article]
On Feb 17 08:40 AM paultaut wrote:
> Snoqual: Hope they are right must mean you own it.
>
> in which case I hope they are right too. You have good company, China
> invested $10 Billion in PBR in Q4 last year.