BNDES cuts Brazil 2015-2018 oil-sector investment outlook 30 pct
March 27, 2015 at 16:00 PM EDT
RIO DE JANEIRO, March 27 (Reuters) - Brazil's state development bank BNDES said on Friday it cut its outlook for 2015-2018 oil and natural-gas sector investment by nearly 30 percent to 360 billion reais ($111 billion) from 509 billion in its previous estimate.