Petrobras Reports Record Oil and Gas Production and Refinery Utilization
In Q2 2024, Petrobras (PBR) achieved record-high oil and gas production due to the deployment of new floating production units and improved operational performance. The company also reported its refineries operating at a historically high utilization rate, contributing significantly to upstream volume growth. The strong results led to an increase in investor confidence, with shares rising 2.8% on Wednesday trading sessions following the report.
Tickers: $PBR