Petrobras typically has strong financial results. It would be negatively impacted if oil prices fall significantly.
Currently, its main concerns are the potential reactivation of the Venezuelan oil industry and a possible peace in Ukraine. Venezuela and Russia could flood the market with crude oil. Petrobras also has preferred shares.
Yeah. The prices are going down for some of this companies because they are investing tons of money, and the returns are not happening...
Petrobras typically has strong financial results. It would be negatively impacted if oil prices fall significantly.
Currently, its main concerns are the potential reactivation of the Venezuelan oil industry and a possible peace in Ukraine. Venezuela and Russia could flood the market with crude oil. Petrobras also has preferred shares.
View more