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PBR May 2024 18.000 put
| Previous close | 1.1100 |
| Open | 1.1100 |
| Bid | 0.4400 |
| Ask | 4.7000 |
| Strike | 18.00 |
| Expiry date | 2024-05-17 |
| Day's range | 1.1100 - 1.1100 |
| Contract range | N/A |
| Volume | |
| Open interest | 4 |
Associated Press FinanceCEO of Brazil’s oil and gas giant Petrobras steps down following dustup over dividends
The head of Brazil’s state-controlled oil and gas giant Petrobras has stepped down, the company said in a prepared statement Wednesday, following months of tensions with the federal government. Petrobras opted not to pay extraordinary dividends to its shareholders earlier this year, souring relations between Petrobras CEO Jean Paul Prates and Brazil’s President Luiz Inácio Lula da Silva.
- Reuters
EMERGING MARKETS-Most Latam FX up on softer U.S. dollar, Brazilian markets lag
* Petrobras slumps after its CEO to step down * US CPI rises 3.4% year-on-year * Latam stocks down 0.1%, FX up 0.2% By Shashwat Chauhan May 15 (Reuters) - Most Latin American currencies rose against a softer dollar on Wednesday as latest U.S. inflation data boosted hopes that Federal Reserve could cut interest rates this year, while worries at state-run oil giant Petrobras weighed on Brazilian markets. Brazil's real shed 0.2% against the dollar amid sliding iron ore prices, while the local stock index dropped close to 1%. Shares of state-run oil firm Petrobras slid over 6% after the company said its chief executive would step down, to be replaced by a former regulator with views closer those of President Luiz Inacio Lula da Silva.
ReutersPetrobras shares plunge as Brazil's Lula swaps CEO, CFO
RIO DE JANEIRO (Reuters) -Brazil's Petrobras announced the exit of its CEO and chief financial officer on Wednesday, and shares tumbled on news that a former regulator with views closer those of President Luiz Inacio Lula da Silva will take the helm of the state-run oil firm. Along with the confirmation of CEO Jean Paul Prates' exit after months of intense speculation about his tenure, the firm said in a filing that CFO Sergio Caetano Leite was also out. Prates lasted less than a year and a half on the job – the fourth Petrobras CEO dismissed in about as many years for political reasons.
