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Petrobras Q1 Profit Falls, Misses Estimates Despite Oil Price Surge

Petrobras reported a 7.2% decline in its first-quarter profit to $6.2 billion, falling short of market expectations. The company's earnings were impacted despite a rise in oil prices, with the full benefit of surging prices likely delayed.

12 May, 09:02 — 12 May, 16:07
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