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Petroleo Brasileiro SA Petrobras (PJXB.MU)

Munich - Munich Delayed price. Currency in EUR
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6.93+0.01 (+0.20%)
As of 11:17AM CEST. Market open.
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  • Yahoo Finance Video

    Petrobras falls after shareholders irritated by dividend payout

    Petróleo Brasileiro (PBR) — commonly abbreviated as "Petrobras" — shares fell off by over 11% after delivering a smaller-than-expected dividend to shareholders. Yahoo Finance Senior Business Reporter Ines Ferré explains why markets were so shocked by this decision, highlighting the internal pressures Petrobras faces from its board and challenges from Brazilian President Luiz Inacio Lula da Silva and his administration. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

  • 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

    Investors Heavily Search Petroleo Brasileiro S.A.- Petrobras (PBR): Here is What You Need to Know

    Zacks.com users have recently been watching Petrobras (PBR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.