EconomicBrazil·1 Nov 2026
Petrobras Market Valuation Reaches US$148 Billion
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Following President Luiz Inácio Lula da Silva's re-election on October 25, 2026, the state-controlled oil company Petrobras reached a record market valuation of approximately US$148 billion. The company reported record output of 3.51 million barrels of oil equivalent per day in the third quarter of 2026 and recently announced a third oil discovery in the…
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Rio Times
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