Petroleo Brasileiro ADR Reptg 2 Ord Shs PBR

Oil bulls are lining up….

[Paray99]

Just wait and see a major jump tomorrow after US inventory surprises (or BS)!

[EdPaquette]

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

[Paray99]

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%

[BullionGirl]

Brazil has tremendous growth potential. All they need is for their politicians to be less stupid than the American ones !