Brazil's Petrobras posts $500 million loss despite record exports to China

State giant hurt by tumbling oil prices amid demand slump

Second-quarter loss: Roberto Castello Branco, chief executive of Petrobras — Second-quarter loss: Roberto Castello Branco, chief executive of PetrobrasPhoto: REUTERS/SCANPIX

Reuters

Published 31 July 2020, 07:50Updated 3 August 2020, 09:57

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