Petrobras Earnings Disappoint Despite Oil, Refining Tailwinds
Brazil’s state-controlled oil producer earnings missed estimates in the third-quarter despite record oil and gas production and a favorable backdrop of high crude prices and strong refining margins.
Reported by Bloomberg. We will add other newspapers as they cover it.
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Petrobras Earnings Disappoint Despite Oil, Refining Tailwinds
Brazil’s state-controlled oil producer earnings missed estimates in the third-quarter despite record oil and gas production and a favorable backdrop of high crude prices and strong refining margins.
