AlwaysFree: Brazil’s Domestic Fuel Demand Could Restrain Oil Shipments to China

On Thursday, CEO of state-run Petroleo Brasileiro SA (Petrobras) Roberto Castello Branco estimated that the domestic fuel demand in Brazil could restrain exports to China in the next few months.

Chinese demand for Petrobras’ bunker has stayed robust during the coronavirus pandemic. The country has emerged as the key export market for Petrobras.

Tags: AlwaysFree,Americas,Asia Pacific,Brazil,China,Crude Oil,English,Latin America,NEA