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Petrobras' Net Profit Rises Thirty-Fold On Higher Oil Prices - OilPrice.com
Reuters | Petrobras' Net Profit Rises Thirty-Fold On Higher Oil Prices OilPrice.com Brazil's state-run oil firm Petrobras (NYSE:PBR) benefited from the rising oil prices and booked a thirty-fold yearly jump in its second-quarter net income, which also beat analyst expectations. Petrobras said on Friday that its Q2 net income surged to ... Oil price boom helps Petrobras increase profits thirtyfold Petrobras profit buoyed by oil price surge, Brazilian fuel subsidies |
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