SAO PAULO, May 6 ― Brazilian state-run oil company Petrobras on Wednesday beat expectations for first quarter profit, boosted by higher Brent prices.
Quarterly net income came in at 44.56 billion reais, above a Refinitiv consensus estimate of 43.48 billion reais and almost 40 times higher than in the same quarter from the previous year. ― Reuters
Source: Malay Mail
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