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Bullboard - Stock Discussion Forum Petroleo Brasileiro ADR Reptg 2 Ord Shs PBR

Alternate Symbol(s):  PBR.A

Consumer Cyclical Energy Oil & Gas Integrated
Petroleo Brasileiro S.A.-Petrobras specializes in the oil, natural gas and energy industry. The Company is engaged in prospecting, drilling, refining, processing, trading and transporting crude oil from producing onshore and offshore oil fields and from shale or other rocks. Its segments include Exploration and Production, which covers the activities of exploration, development and production... see more

NYSE:PBR - Post Discussion

Petroleo Brasileiro ADR Reptg 2 Ord Shs > Oil bulls are lining up….
View:
Post by Paray99 on Jan 10, 2023 2:24pm

Oil bulls are lining up….

Just wait and see a major jump tomorrow after US inventory surprises (or BS)!
Comment by EdPaquette on Jan 10, 2023 3:17pm
EIA expects record global petroleum consumption in 2024, with lower crude oil prices The U.S. Energy Information Administration (EIA) expects global consumption of liquid fuels such as gasoline, diesel, and jet fuel, to set new record highs in 2024. According to EIA’s January Short-Term Energy Outlook (STEO), global liquid fuel consumption will exceed 100 million barrels per day, on ...more  
Comment by Paray99 on Jan 12, 2023 2:32pm
Even if Brazil do really bad with this energy company, it will still shine for next couple of years due to the growing demand worldwide.  I can see this trade above $15 with a minimum dividend of 15%
Petroleo Brasileiro ADR Reptg 2 Ord Shs
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