Petrobras said net income fell 30% to 370 million reais ($118 million) in the three months ended 30 June, compared with a profit of 531 million reais a year earlier, the company said in a statement.
Last year's profit was one of the most anemic quarterly results in the company's recent history. The second-quarter 2016 profit comes after a 1.25 billion reais loss in the first quarter of this year.
The
