Post Tagged with: "downgrades"

Source: Bloomberg

Petrobras’s $18 Billion Rout Deepens on Series of Downgrades


A sell-off in Brazil’s state-controlled oil firm Petroleo Brasileiro SA picked up on Monday after a group of analysts downgraded the stock within 24 hours, following the government’s decision to replace the company’s chief executive officer.

Bradesco BBI, BTG …

February 22, 2021 - 1:00 pm Closing Bell Story‎, Crude Oil News, Energy News, International