Shares of Brazil’s state-owned oil company Petrobras plunged nearly 15 per cent in early trade on Thursday after the company’s overnight announcement of a surprise diesel price cut to pacify striking truckers. The Brazilian bellwether …
some criticized the decision because it strengthens arguments that the state-controlled oil company is still susceptible to the same political influence that has made Petrobras a focus of corruption investigations in the past. Whirlpool stock …
It was a week where oil prices ended above $70-a-barrel and natural gas futures …
(RTTNews) - Merval, the benchmark stock market index in Argentina, ended the last session of the week down 1.54% at 29,766.45 points Thursday, affected by a decrease in Petrobras' share prices. In the week, the Merval lost more than …
Petrobras Chief Executive Officer Pedro Parente woke up this ... Subscribers Audio – Daily insights on global stock markets, government bonds, currencies and …
RIO DE JANEIRO/SAO PAULO (Reuters) - Brazil's state-led oil company Petrobras on Wednesday temporarily cut diesel prices by 10 percent in order to help the …
Additionally, Petrobras finished the first quarter with cash and cash equivalents of $19,966 million. Zacks Rank & Stock Picks Petrobras currently carries a Zacks Rank #3 (Hold), implying that it is expected to perform in line with the …
Petróleo Brasileiro S.A. or Petrobras (PBR - Free Report) recently announced its overall equivalent production of 2.68 million barrels of oil equivalent per day (MMBoed), for the month of April. The Brazilian state-run company’s domestic …
After measures by the Brazilian government, which reorganised Petrobras and made it profitable again, the state-owned company has seen its stock increase in …
Petrobras shares tumbled 13.5 percent to a one-month low, their biggest daily drop since May 2017. They were by far the largest decliner on the benchmark Bovespa stock index, which was down 2 percent, and accounted for more than 1,000 …