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By Samuel Elliott Novacich, Contributing Reporter

RIO DE JANEIRO, BRAZIL – The tension surrounding distribution of an estimated R$7.9 billion in annual oil revenues appears to have abated after a meeting on Thursday, June 30th, between governors from oil producing states of the southeast, and governors from the north and northeast. The non-oil producing states have rescinded many former demands in favor of an agreement that will distribute oil wealth throughout the . . .

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