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Petroleo Brasileiro SA Petrobras (PETR4.SA)

PETR4.SA on Sao Paulo Stock Exchange

19.44BRL
12:22pm EDT
Change (% chg)

R$ -0.54 (-2.70%)
Prev Close
R$ 19.98
Open
R$ 19.64
Day's High
R$ 19.67
Day's Low
R$ 19.30
Volume
30,564,100
Avg. Vol
69,346,417
52-wk High
R$ 27.60
52-wk Low
R$ 13.02

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Fri, Aug 3 2018

EMERGING MARKETS-Brazil stocks lead gains, NAFTA hopes boost Mexico

(Updates prices) By Bruno Federowski and Paula Laier BRASILIA, Aug 3 Brazilian stocks led gains in Latin America after state-controlled oil company Petróleo Brasileiro SA reported a larger-than-expected jump in quarterly net profit, while Mexico's stocks and currency climbed on optimism about NAFTA negotiations. Rising oil prices and diesel subsidies allowed Petrobras, as the Brazilian firm is known, to boost its market share. Also helping to lift sentiment were hope

Transfer-of-rights oil deal will be quick after law -Petrobras

RIO DE JANEIRO, Aug 3 Once Brazil's Congress approves a law with new rules for the transfer-of-rights offshore oil area, Petroleo Brasileiro SA and the government will be able to quickly reach a deal on its long-disputed value, a Petrobras executive said on Friday.

EMERGING MARKETS-Brazil stocks lead gains on Petrobras profit, election hopes

By Bruno Federowski BRASILIA, Aug 3 Brazilian stocks led gains in Latin America after state-controlled oil company Petróleo Brasileiro SA reported a larger-than-expected jump in quarterly net profit. Rising oil prices and diesel subsidies allowed Petrobras, as the firm is known, to boost its market share, driving up its shares by more than 5 percent. That was the largest increase since May 23 when its former chief executive officer, Pedro Parente, voluntarily cut dies

Petrobras profit buoyed by oil price surge, Brazilian fuel subsidies

RIO DE JANEIRO Brazil's Petroleo Brasileiro SA reported a larger-than-expected jump in quarterly net profit, helped by rising oil prices and diesel subsidies that allowed it to boost its market share, the state-controlled oil company said on Friday.

Brazil's Petrobras net income jumps in quarter on higher oil price

RIO DE JANEIRO, Aug 3 Brazil's state-controlled oil company Petroleo Brasileiro SA reported a big jump in net profit in the second quarter, helped by a pickup in oil prices, a filing showed on Friday.

Legal, political headwinds gather for Petrobras despite rising oil prices

RIO DE JANEIRORising crude prices should buoy quarterly results at Petrobras

Petrobras fuel unit Q2 results misses estimates, hit by truckers' strike

RIO DE JANEIRO, Aug 2 Brazil's Petrobras Distribuidora SA, the fuel distribution unit of state-controlled oil company Petroleo Brasileiro, missed estimates in the second quarter, hit by a May truckers' strike.

Brazil's Petrobras starts binding phase for sale of Sergipe field

SAO PAULO, July 30 Brazil's state-run oil company Petroleo Brasileiro SA has initiated the binding phase related to the sale of 100 percent of rights to explore, develop and produce oil and gas at its Polo Sergipe Terra 2 onshore field.

Brazil judge suspends payment order in salary case against Petrobras

RIO DE JANEIRO A Brazilian judge on Friday temporarily suspended an order requiring Petroleo Brasileiro to pay up to 17 billion reais ($4.58 billion) in a wage spat, accepting an argument by the state-controlled oil company that such a payment would risk causing it "irreparable damage."

Brazil judge suspends payment order in salary case against Petrobras

RIO DE JANEIRO, July 27 A Brazilian judge on Friday temporarily suspended an order requiring Petroleo Brasileiro to pay up to 17 billion reais ($4.58 billion) in a wage spat, accepting an argument by the state-controlled oil company that such a payment would risk causing it "irreparable damage."

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