Petrobras falls on vague fuel price policy

Shares of Petrobras recorded double-digit losses on Monday after the company announced a smaller-than-expected fuel price increase and disclosed only vague information on future pricing plans.

Pricing policy: Uncertain for future, to investor chagrin
Pricing policy: Uncertain for future, to investor chagrin
Published 2 December 2013, 19:41Updated 11 October 2016, 13:12