Weekly Report - 12 November 2015 (WR-15-45)

BRAZIL | Petrobras strike. Oil workers went on strike on 1 November over pay and the future of Petrobras, the State-run oil company. The strike has resulted in a 13% drop in Brazil’s daily oil production. On 10 November Petrobras issued a note stating that production had fallen by 115,000 barrels a day, due to the industrial action by workers in the Campos Basin, off the coast of the city of Rio de Janeiro, where 80% of Brazil’s oil is located.

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