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The Ceo of Petrobras Speaks in Capital Discipline and Proposes Anticyclical Taxation
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After fighting in US$ 120 ten years ago, the oil barrel is today trading around US$ 62 and, “the next year, is threatening to hit in US$ 50,” Petrobras CEO said during the PRIO Conference, conducted by PRIO with Brazil's curatory. “This is the time we are living today, that the oil industry is living. We are at 75% of the oil price we had one year ago, when the barrel was in US$ 83. Our salary was much reduced, and if we did not do a hard work t…
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