BRAZIL-ECONOMY-PRE-SALT-OIL-AUCTION

Decio Oddone (L), Director General of the National Petroleum Agency of Brazil (ANP) and Fernando Coelho Filho Brazilian Minister of Mining and Energy, attend a press conference at the end of the pre-salt oil auction in Rio de Janeiro, Brazil on October 27, 2017. Brazil's much anticipated auction of deep water, pre-salt oil blocks on Friday raked in 6.15 billion reais ($1.9 billion) in Rio de Janeiro after the government overturned a court injunction suspending the sale. The auction marked a surge in participation of foreign giants in some of the world's largest untapped oil reserves hidden deep under the ocean and then even deeper under thick layers of salt. / AFP PHOTO / Apu Gomes (Photo credit should read APU GOMES/AFP via Getty Images)