EnergyReader · 2026-08-07 21:12

Petrobras earnings beat forecasts by 3% on Iran war price gains

By EnergyReader Newsroom · August 7, 2026

Petrobras reported adjusted earnings before interest, taxes, depreciation and amortization of 93.8 billion reais ($18.4 billion) in the second quarter, above the 91.3 billion reais consensus compiled by Bloomberg. Net income nearly doubled from a year earlier to 52.4 billion reais. Shares rose 1.3% in São Paulo at 10:37 a.m. local time on Friday (2026-08-07) after touching a 2% gain.

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