Advertisement
UK markets closed

  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     

  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     

  • AIM

    789.87
    +6.17 (+0.79%)
     

  • GBP/EUR

    1.1622
    +0.0011 (+0.09%)
     

  • GBP/USD

    1.2525
    +0.0001 (+0.01%)
     

  • Bitcoin GBP

    48,599.55
    -1,582.29 (-3.15%)
     

  • CMC Crypto 200

    1,261.69
    -96.32 (-7.09%)
     

  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     

  • DOW

    39,512.84
    +125.08 (+0.32%)
     

  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     

  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     

  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     

  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     

  • DAX

    18,772.85
    +86.25 (+0.46%)
     

  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     
MONEY:

Best savings accounts that offer above inflation rates

How to earn the most interest on your savings

Brazil could produce 7 mln bpd oil, double reserves to 30 bln boe - minister

Reuters - UK Focus
Updated

RIO DE JANEIRO, Nov 6 (Reuters) - Brazil Mines and Energy Minister Bento Albuquerque said on Wednesday that the country could produce 7 million barrels of oil per day and consolidate its position as a commodity exporter, without giving a time frame.

Speaking at the start of the massive and widely expected transfer-of-rights auction, he added that after the current tender, Brazil's reserves could double, reaching 30 billion barrels of oil equivalent. (Reporting by Gram Slattery and Marianna Parraga, editing by Louise Heavens)