Brazil's Petrobras looks to China's 'teapots' to keep exports booming

RIO DE JANEIRO (Reuters) - Brazilian state-run oil firm Petrobras sees no need for short-term cuts in oil production, as the market for its products abroad remains robust, particularly in China, executives said on Friday.On a call with analysts following the company's first-quarter results release, executives credited the company's strong relationship with independent refineries in China's Shandong Province, known as teapots, for allowing Petrobras to export a record amount of crude in recent..