Petrobras Q3 earnings outpaced expectations as the Iran war-driven oil rally lifted revenue, highlighting the energy sector’s sensitivity to geopolitical supply risks.
Brazil's withdrawal of fuel subsidies as crude trades below $70 highlights improving fiscal dynamics and easing inflation pressures, boosting Brazilian assets.
Petrobras and Pemex team up on a deepwater exploration deal to reverse output declines, raising prospects of higher Latin American oil supply…
Pemex and Petrobras agreed to a joint venture spanning oil exploration and refining, marking a significant step toward deeper energy cooperation between…
Petrobras diesel price cut under Brazil’s new subsidy plan signals government intervention in energy markets, pressuring state-controlled oil stocks.
Brazil oil employment hits 16-year high in 2026 as offshore drilling boom lifts crude output and rig demand.
Petrobras profit missed estimates even as war-driven oil rally lifted crude prices, with refining losses and price controls weighing on Brazil's state…