Petrobras production

Petrobras Pulls Debt Offering Due To "Adverse Conditions"

Not very long ago, Petrobras was offering (anyone foolish enough to buy) 100 year bonds. How much can change in less than a year!

Extremely low crude oil prices continue to take a serious toll on firms in the global energy sector. Related to this and a giant corruption scandal, beleaguered Brazilian oil and gas company Petrobras has suffered a setback in its efforts to stabilize its financial situation this week . . .

SORRY!

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