Comments on: Is Brazil the 'New Saudi Arabia?'

By: Three Ways to Brace for a Double-Dip Recession: Going Global

Three Ways to Brace for a Double-Dip Recession: Going Global — Thu, 19 Aug 2010 15:38:29 +0000

[...] in making steel. And while Australia has rich deposits of coal to fuel energy consumption, Brazil has large deposits of oil lying just off its shores. You would do well to gain exposure either to Brazil's Vale (NYSE ADR: VALE) or Australia's Rio [...]

By: The World's Most Exciting Market - Until They Spoiled it

The World's Most Exciting Market - Until They Spoiled it — Thu, 17 Sep 2009 09:02:45 +0000

[...] Over the past year, Brazil has established itself as one of the most exciting markets in the world for investors. Its Bovespa stock index is up 55% this year. And the discovery of the huge new Tupi oil field off its east coast has led some investors to refer to Brazil as the "New Saudi Arabia." [...]

By: Julio

Julio — Thu, 19 Mar 2009 16:16:44 +0000

They know what they're doing and they keep finding more oil in Brazil. Brazil is also a big producer of ethanol and hydroelectricity and has big plans to increase it's neclear power. Brazil is not just the "new Saudi Arabia", it's a rising world power.

By: Chris Walker

Chris Walker — Wed, 18 Mar 2009 18:13:33 +0000

Somebody please tell Exxon & the Brazillian government that this so called "huge find" is less than 4 months of world supply & will be pumped out over many years, so basically it will make zero difference to net oil supply. Existing field production declines are larger than this !