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Petrobras" divestment push in Brazil challenged by oil price war

A move by Brazil's Petrobras on Thursday to slash output, capital spending and dividends brings the state-run oil firm into alignment with global rivals confronted with a global pandemic and a plunge in crude prices......»»

Category: topSource: reutersMar 26th, 2020

Brazil Petrobras shares drop after price hike canceled

Stock prices of Brazil's state oil company have dropped after its decision to reverse an announced 5.7% increase in diesel prices......»»

Category: topSource: foxnewsApr 12th, 2019

Petrobras agrees to sell pipeline unit to Engie for $8.6 billion

A consortium led by France's Engie SA submitted the highest offer for a major gas pipeline unit owned by Brazil's Petroleo Brasileiro SA, the state-run oil firm said on Friday, as the company's biggest divestment draws to a close......»»

Category: topSource: reutersApr 5th, 2019

Petrobras (PBR) Q1 Earnings Buoyed by Rising Oil Prices

Brazil oil giant Petrobras' (PBR) average sales price of oil in Brazil jumped 23% from the year-earlier period to $62.27 per barrel. Brazil's state-run energy.....»»

Category: smallbizSource: nytMay 11th, 2018

New Petrobras CEO rules out privatization, wants non-core asset sales

A University of Chicago-trained economist named on Monday to head Brazil's Petrobras will not privatize the state-run company, but wants to push ahead with selling non-core assets and to focus on oil exploration and production......»»

Category: topSource: reutersNov 19th, 2018

Petrobras says talks among Russia, Saudi Arabia, U.S. "irrelevant" for oil prices

Recent negotiations involving leaders from major oil-producing nations and the United States will prove irrelevant for oil prices, which are low because of depressed demand, the chief executive of Brazil's Petrobras said on Thursday evening......»»

Category: topSource: reuters15 hr. 0 min. ago

Current talks among OPEC nations, U.S. insignificant for oil prices: Petrobras CEO

Recent negotiations involving leaders from OPEC nations and the United States will prove irrelevant for oil prices, which are low because of depressed demand, the chief executive of Brazil's Petrobras said on Thursday evening......»»

Category: topSource: reuters16 hr. 15 min. ago

Stocks climb on oil price surge despite grim U.S. jobs data

World equity markets climbed on Thursday on a surge in risky assets like oil, offsetting concerns over an increasing death toll from the coronavirus pandemic that is expected to push the global economy into recession......»»

Category: topSource: reuters17 hr. 45 min. ago

Factbox: Global oil, gas producers cut spending after crude price crash

Oil and gas companies are cutting spending plans in response to the new coronavirus and a push by Saudi Arabia and Russia to ramp up output. [O/R].....»»

Category: topSource: reutersMar 23rd, 2020

Global oil, gas producers cut spending after crude price crash

Oil and gas companies are cutting spending plans in response to the new coronavirus and a push by Saudi Arabia and Russia to ramp up output......»»

Category: topSource: reutersMar 20th, 2020

EasyJet launches winter sale in coronavirus rebooking push

EasyJet launched an early sale on cut-price winter 2020-21 flights, even as the airline industry heads into a deepening coronavirus crisis that threatens to ground most of the British low-cost carrier's planes......»»

Category: topSource: reutersMar 18th, 2020

Global oil, gas producers slash spending after crude price rout

Oil and gas companies around the world aim to slash spending as crude prices have plunged due to the impact of the coronavirus and a push by Saudi Arabia and Russia to ramp up output......»»

Category: topSource: reutersMar 18th, 2020

Factbox: Global oil, gas producers slash spending after crude price rout

Oil and gas companies around the world aim to slash spending as crude prices have plunged due to the impact of the coronavirus and a push by Saudi Arabia and Russia to ramp up output. [O/R].....»»

Category: topSource: reutersMar 18th, 2020

Factbox: Global oil, gas producers slash spending after price rout

Oil and gas companies around the world are planning to slash spending in the face of a plunge in oil prices caused by the spread of the coronavirus and a push by Saudi Arabia and Russia to flood the market with supply......»»

Category: topSource: reutersMar 17th, 2020

Economic Report: Higher rents, grocery prices push up U.S. cost of living in February, CPI shows, but inflation still low overall

Higher rents and grocery prices pushed up the cost of living slightly in February, but inflation was mild overall and there was no sign yet of any influence from the coronavirus epidemic. The consumer price index edged up 0.1%......»»

Category: topSource: marketwatchMar 11th, 2020

Coronavirus fallout and the oil-price war will push 2020 GDP into "spitting range of a typical global recession," Bank of America says

REUTERS/Brendan McDermid Bank of America lowe.....»»

Category: topSource: businessinsiderMar 10th, 2020

Kinross Gold Corp Promises to Outperform

The existence of several catalysts may push the share price up substantially within a few monthsRelated Stocks: KGC, GDX,.....»»

Category: blogSource: gurufocusFeb 14th, 2020

Economic Report: Rising rents drive consumer prices higher in January

The cost of staples such as rent, medical care and prepared food rose in January to push consumer prices higher, but inflation more broadly was still relatively tame. The consumer price index edged up 0.1% last month......»»

Category: topSource: marketwatchFeb 13th, 2020

Brazil"s BNDES raises $5.2 billion selling Petrobras stake: sources

Brazil's development bank BNDES sold on Wednesday $5.2 billion in common shares it owned in state-controlled oil company Petroleo Brasileiro SA , two people with knowledge of the matter said......»»

Category: topSource: reutersFeb 5th, 2020

ANGI Homeservices sees payoff in push for fixed-price services

The Denver-based company‚Äôs marketplace business segment, which is mainly HomeAdvisor, grew 23% in the quarter......»»

Category: topSource: bizjournalsFeb 5th, 2020

Uber-rich push NYC apt. prices sky high

Despite fewer home sales, the average price of a New York City apartment has been pushed up by very wealthy buyers. Sales like the $92 million apartment at 220 Central Park South last December have ske.....»»

Category: realestateSource: realestateweeklyFeb 5th, 2020