Petrobras Sheds $41 Billion In Market Value In 2 Months ...Middle East

OILPRICE - Economy
Petrobras Sheds $41 Billion In Market Value In 2 Months
source : OILPRICE ( Middle East ) () 19
Shares of leading Brazilian National Oil Company (NOC) Petroleo Brasileiro SA aka Petrobras (NYSE: PBR) lost R$30 (~US$5.6) billion in market value on Wednesday after the country’s lower house of Congress voted late on Tuesday to make it easier for politicians to take roles at state-run firms.   The preferred shares of the oil and gas giant dropped 7.9% on Tuesday’s session, while the common shares fared even worse after losing 9.8% on the day. The company has now lost a staggering $41 billion since October 21 with the selloff…

Hence then, the article about petrobras sheds 41 billion in market value in 2 months was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Petrobras Sheds $41 Billion In Market Value In 2 Months )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Africa: All of Africa Today - April 6, 2026
allafrica - before 5 hours & 6 minute
War-driven energy crisis boosts China’s sales pitch for renewable tech
Washington Post - before 2 hours & 26 minute
OPEC Commits to Boost Output Once Hormuz Reopens
OILPRICE - before 5 hours & 45 minute
McDonald's Turquía lanza una campaña para concienciar sobre la seguridad vial
PR Newswire - before 4 hours & 26 minute
Africa: AI Is Fuelling the 'Digital Colonisation' of Africa, Warns UN Scientist
allafrica - before 6 hours & 36 minute
Iraq Scrambles to Stabilize Exports as Iran Grants Passage
OILPRICE - before 4 hours & 30 minute
Isa savers under 65 have ‘last chance’ in the new 2026-27 tax year
INDEPENDENT - before 3 hours & 33 minute
Nearly 50 Qatar LNG Tankers Sit Idle Across Asia
OILPRICE - before 3 hours
Saudi Arabia Sets Record Premium for Flagship Crude as Hormuz Crisis Deepens
OILPRICE - before hour & 52 minute
Pakistan Emerges as Key Mediator in Push to End Hormuz Crisis
OILPRICE - before hour
UK savers issued ‘last chance’ ISA warning as new tax year starts
INDEPENDENT - before 27 minute
Grubhub Launches the First-Ever "Fee Return" Giving Back $100K in Grubhub Credit This Tax Season
PR Newswire - before 22 minute


Latest News

DeFi Technologies Announces Shareholder Call to Discuss Record 2025 Financial Results with Revenue of $99.1 Million and Net Income of $62.7 Million

before 5 minute

Qatar LNG Tankers Make First Move Through Hormuz Since War Began

before 6 minute

Grubhub Launches the First-Ever "Fee Return" Giving Back $100K in Grubhub Credit This Tax Season

before 22 minute

UK savers issued ‘last chance’ ISA warning as new tax year starts

before 27 minute

Pakistan Emerges as Key Mediator in Push to End Hormuz Crisis

before hour

Saudi Arabia Sets Record Premium for Flagship Crude as Hormuz Crisis Deepens

before hour & 52 minute

War-driven energy crisis boosts China’s sales pitch for renewable tech

before 2 hours & 26 minute

Nearly 50 Qatar LNG Tankers Sit Idle Across Asia

before 3 hours

Isa savers under 65 have ‘last chance’ in the new 2026-27 tax year

before 3 hours & 33 minute

McDonald's Turquía lanza una campaña para concienciar sobre la seguridad vial

before 4 hours & 26 minute

Iraq Scrambles to Stabilize Exports as Iran Grants Passage

before 4 hours & 30 minute

Africa: All of Africa Today - April 6, 2026

before 5 hours & 6 minute

TP Receives Frost & Sullivan's 2026 India Company of the Year Recognition for Excellence in Customer Experience Management Services

before 5 hours & 26 minute

OPEC Commits to Boost Output Once Hormuz Reopens

before 5 hours & 45 minute

Kenya: President Ruto Warns No Mercy for Oil Cartels As Fuel Scandal Investigation Deepens

before 6 hours & 22 minute