Petróleo Brasileiro S.A. - Petrobras (PBR)
After hours:
- Reuters
Airlines urge Brazil, Petrobras to lower jet fuel prices
Airline lobby group IATA has urged the Brazilian government and state-run oil company Petrobras to tweak the way jet fuel is charged in the country in order to reduce costs, calling kerosene prices in the South American nation "excessively high." The International Air Transport Association (IATA) said in a statement on Monday that local prices "do not reflect the reality of an oil producing country," adding that fuel costs were one of the main challenges faced by the sector in Brazil. Petrobras is Brazil's largest oil producer and responsible for most of the country's refining activity.
- Reuters
UPDATE 1-Airlines urge Brazil, Petrobras to lower jet fuel prices
Airline lobby group IATA has urged the Brazilian government and state-run oil company Petrobras to tweak the way jet fuel is charged in the country in order to reduce costs, calling kerosene prices in the South American nation "excessively high." The International Air Transport Association (IATA) said in a statement on Monday that local prices "do not reflect the reality of an oil producing country," adding that fuel costs were one of the main challenges faced by the sector in Brazil. Petrobras is Brazil's largest oil producer and responsible for most of the country's refining activity.
- Zacks
Petrobras (PBR) Signs Rig Extension Deals With Constellation
Petrobras (PBR) signs rig extension contracts with Constellation Oil Services, securing continued operations for two important rigs in its offshore drilling fleet.
