Singapore markets closed

Straits Times Index
3,090.31
+17.32(+0.56%)
Nikkei
33,431.51
-55.38(-0.17%)
Hang Seng
16,830.30
-212.58(-1.25%)
FTSE 100
7,529.35
+75.60(+1.01%)
Bitcoin USD
39,414.42
+672.47(+1.74%)
CMC Crypto 200
802.76
+11.20(+1.41%)

Petróleo Brasileiro S.A. - Petrobras (PBR-A)

NYSE - NYSE Delayed Price. Currency in USD

Add to watchlist

14.53

-0.02

(-0.14%)

At close: 04:00PM EST

14.69

+0.16

(+1.10%)

After hours:

06:40PM EST

Trade prices are not sourced from all markets

All

Reuters
Brazil to join OPEC+ but won't cap oil output, Petrobras CEO says
Brazil is expected to join the OPEC+ group of oil-producing countries in January but would not take part in the group's coordinated output caps, the chief executive of state-run oil firm Petrobras told Reuters. The group's surprising announcement on Thursday that the South American nation would join it raised immediate questions on whether Brazil would take part in the production caps, as OPEC+ nations agreed to voluntary cuts approaching 2 million barrels per day (bpd) for early next year. "There is no quota," Jean Paul Prates said in an interview.
Reuters
UPDATE 2-Brazil confirms OPEC+ invite, minister says eager to join
Brazil hopes to join the OPEC+ group of oil-producing countries in January after a technical analysis of the charter for cooperation, the country's energy minister said on Thursday, although the nature of Brazil's participation remained unclear. President Luiz Inacio Lula da Silva's office confirmed receiving the invite during his trip to Saudi Arabia, but said he had not formally responded. The president's office and the Mines and Energy Ministry did not say whether Brazil would participate as an OPEC+ observer or as a full participant in the group's shared production quotas.
Zacks
The Zacks Analyst Blog Highlights Petrobras, Shell, TechnipFMC and Northern Oil and Gas
Petrobras, Shell, TechnipFMC and Northern Oil and Gas are included in this Analyst Blog.