US EditionPublished • loading... • Updated
Petrobras Shares Jump as Oil Surge Renews Extra Dividend Talk
Summary by ts2.tech
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.1 Articles
1 Articles
Petrobras Shares Jump as Oil Surge Renews Extra Dividend Talk
Petrobras shares rose 4.3% Monday as oil prices hit their highest since mid-2022, following a fourth-quarter net profit of 15.6 billion reais. Finance chief Fernando Melgarejo said extra dividends are unlikely this year despite the price rally. Oil production in Brazil reached 2.5 million barrels per day, up 20% from a year earlier. CEO Magda Chambriard said Petrobras is not considering expansion into Venezuela. The post Petrobras Shares Jump as…
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
