SAO PAULO — Petroleo Brasileiro SA’s preferred shares PETR4, -6.45% fell 4% after Brazil’s new president removed the oil company, known as Petrobras, from a list of state-controlled businesses slated ...
Tag: BR:PETR4
Brazil’s Election Is Almost Here. Get Ready to Buy Petrobras Stock.
Chocolate and peanut butter go together; falling oil prices and Brazilian political uncertainty most certainly do not. Yet Petrobras stock may still be worth buying. Yes, that sounds like a terrible i...