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RE: What's the Impact of ADS on ChatGPT Revenue?
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.
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reactivation of venezuelan oil will take time, big investment and some sort of safe way for them to not lose the investment again.