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How does getting oil from Venezuela or Saudi Arabia make things any better? Seems like a lateral move to me.

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Mar 6, 2022Liked by Arjun Murti

I would be interested to read a similar analysis of Brazil vis-a-vis the last two paragraphs. Petrobras is also trying to overcome the reputational blow caused by past mistakes and the current political environment presents a different kind of obstacle to investment. Nevertheless, they have a strong ESG focus and are sitting on some of the most impressive assets in the world,

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Mar 5, 2022Liked by Arjun Murti

I do not see why would points 2,3 and 4 bellow bear any benefit for foreign buyers of its oil. Besides that, second point is very questionable in light of the "truckers' " issu?!:

Cost/benefit analysis of Canadian crude oil

Benefits:

Canada is a democratic, geopolitically friendly country that, to the best of my knowledge, has never invaded another country.

Canada respects western values, such as freedom and liberty.

Canada respects the ideas of gender equality and the right to live openly and happily with whomever you desire.

Canada welcomes immigrants and refugees from other countries.

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