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Brazil Oil Driller Expanding in Venezuela as US Eases Sanctions

A Brazilian oil company is expanding in Venezuela in a bet that sanctions relief will stimulate the country’s battered industry, highlighting regional appetite for participating in the US-led revival.

This article was originally published by Bloomberg Markets and is republished here under license.

A Brazilian oil company is expanding in Venezuela in a bet that sanctions relief will stimulate the country’s battered industry, highlighting regional appetite for participating in the US-led revival.

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