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Global View Sugar Flash – Brazil auctions pre-sal oil blocks to itself – 6th November 2019

By Michael McDougall

6th November 2019

Daily technical analysis of the global sugar markets from Mike McDougall, Managing Director of Paragon Global Markets.

Today was supposed to be the big open your arms to foreign investor oil auction for pre-sal reserves holding 15 billion barrels of crude. Brazil was showing that they were open to foreign experts to help develop the big fields. They had expected that just the fees they would receive on the deal could have

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