Brazil’s state-run oil company Petrobras logo is pictured at its building in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo Moraes
Brazil’s state-run oil company Petrobras (PETR4.SA) posted a 41.5% drop in its third-quarter profits on Thursday.
Latin America’s top oil producer posted recurring net profit of 27.2 billion reais, while analysts polled by LSEG had expected 28.74 billion reais.
Reporting by Fabio Teixeira
Editing by Chris Reese
