Petrobras stock tumbles 12% on lower than expected dividends

Brazilian oil company posted a near 30% drop in quarterly earnings

Results: Petrobras chief executive Jean Paul Prates — Results: Petrobras chief executive Jean Paul PratesPhoto: PETROBRAS

Fabio Palmigiani

South America CorrespondentRio de Janeiro

Brazil Petrobras Jean Paul Prates Americas South America

Published 8 March 2024, 03:09Updated 8 March 2024, 14:22