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Petroleo Brasileiro SA Petrobras (PETR4.SA)

PETR4.SA on Sao Paulo Stock Exchange

20.08BRL
4:11pm EDT
Change (% chg)

R$ -3.19 (-13.71%)
Prev Close
R$ 23.27
Open
R$ 20.05
Day's High
R$ 20.75
Day's Low
R$ 19.65
Volume
237,577,700
Avg. Vol
54,706,801
52-wk High
R$ 27.60
52-wk Low
R$ 11.59

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EMERGING MARKETS-Latam markets sink on global uncertainty, Petrobras shares slide

(Updates prices, adds details on Mexico stocks and peso) By Bruno Federowski BRASILIA, May 24 Brazilian stocks fell for a second day on Thursday, pressured by national oil company Petrobras, while other Latin American markets were also down after the United States canceled a North Korea summit and proposed exploring auto tariffs. Brazil's Petroleo Brasileiro SA, better known as Petrobras, saw shares plummet more than 13 percent after announcing a temporary diesel price c

Petrobras pricing pressure spooks potential refinery buyers- sources

SAO PAULO A surprise decision by Brazil's state-controlled oil company Petroleo Brasileiro SA to cut diesel prices in response to truckers' protests is worrying some potential buyers of Petrobras' refineries, three people with knowledge of the matter said on Thursday.

Petrobras pricing pressure spooks potential refinery buyers- sources

SAO PAULO, May 24 A surprise decision by Brazil's state-controlled oil company Petroleo Brasileiro SA to cut diesel prices in response to truckers' protests is worrying some potential buyers of Petrobras' refineries, three people with knowledge of the matter said on Thursday.

Petrobras CEO says he will not leave his post amid crisis

RIO DE JANEIRO The chief executive officer of Brazilian state-controlled oil company Petroleo Brasileiro said on Thursday he would not leave his post amid a trucker strike over diesel prices, which has paralyzed transportation throughout the country.

EMERGING MARKETS-Brazil stocks down for a 2nd day as Petrobras plummets

By Bruno Federowski BRASILIA, May 24 Brazilian stocks dropped for a second day on Thursday, as shares of Petróleo Brasileiro SA plummeted after the state-controlled oil company announced a temporary diesel price cut. Brazilian truckers kept protesting high diesel prices for a fourth day on Thursday, crippling highways nationwide even after the company acted. Brazil's lower house of Congress voted on Wednesday to eliminate certain taxes on diesel. The Senate has yet t

UPDATE 1-Petrobras shares plunge as diesel price cut fans meddling fears

* CEO denies interference, ex-board member sees 'disaster' (Adds quote, details of pricing policy)

Petrobras cuts diesel price 10 percent in effort to resolve trucker protest

SAO PAULO Brazil's state-run oil company Petroleo Brasileiro SA on Wednesday decided to cut the cost of diesel at its refineries by 10 percent and freeze prices for 15 days to give the government and truck drivers time to negotiate an end to a protest that has crippled the country's transport logistics.

Petrobras cuts diesel price 10 pct in effort to resolve trucker protest

SAO PAULO, May 23 Brazil's state-run oil company Petroleo Brasileiro SA on Wednesday decided to cut the cost of diesel at its refineries by 10 percent and freeze prices for 15 days to give the government and truck drivers time to negotiate an end to a protest that has crippled the country's transport logistics.

Brazil's Petrobras cuts diesel, gasoline prices amid truckers' protest

SAO PAULO, May 23 Brazil's oil firm Petroleo Brasileiro SA on Wednesday announced this week's second reduction in diesel and gasoline prices amid a nationwide protest of truck drivers against high fuel prices.

Brazil's Petrobras reduces gas, diesel prices amid trucker protests

SAO PAULO, May 22 Brazilian state-run oil company Petroleo Brasileiro SA will reduce diesel prices 1.54 percent and gasoline prices 2.08 percent starting Wednesday, the company said on its website.

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