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Brazilian election could open door to favourable oil policy shift

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Report summary

Brazil s 2014 presidential election is being hotly contested and will require a second round of voting on 26 October. Its outcome will dictate the pace of much needed reform in Brazil s oil industry which has lost its lustre in recent years weighed down by burdensome regulations project delays and a lack of new opportunities. Economic necessity should force an improvement in investment climate under the next government but the nature of change will depend on who wins the presidency.

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    Brazilian election could open door to favourable oil policy shift

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This report includes 5 images and tables including:

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  • Brazil's quarter-on-quarter GDP growth, Q1 2008 to Q2 2014 (%)
  • First round poll ratings (%)
  • Second round poll ratings, Rousseff vs. Silva (%)
  • Brazilian oil production, 2005 - 2014 (million b/d)
  • Petrobras' 2014 share price (Real) compared with poll ratings of Dilma Rousseff (%)

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