Petrobras profit buoyed by oil price surge, Brazilian fuel subsidies

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Petrobras profit buoyed by oil price surge, Brazilian fuel subsidies
03 August 2018, Rio De Janeiro — Brazil’s Petroleo Brasileiro SA reported a larger-than-expected jump in quarterly net profit, helped by rising oil prices and diesel subsidies that allowed it to boost its market share, the state-controlled oil company said on Friday. More »
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