Brazil oil auctions fall short of expectations

Pre-salt oil auctions in early November brought in only around two-thirds of the funds the government had hoped for

You must be signed in to read this analysis

Sign in Sign up to our newsletter

In this article

  • 'Transfer-of-rights' auction
  • Pre-salt auction results
  • Reasons for failure
  • Regulatory rethink?
  • Fiscal accounts

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.