Petrobras profit jumps as output surges

Increase in production in Brazil and sale of BR Distribuidora drove results up

Roberto Castello Branco, chief executive of Petroleo Brasileiro SA, attends a news conference in Rio de Janeiro, Brazil February 28, 2019. REUTERS/Sergio Moraes
Roberto Castello Branco, chief executive of Petroleo Brasileiro SA, attends a news conference in Rio de Janeiro, Brazil February 28, 2019. REUTERS/Sergio MoraesFoto: SERGIO MORAES
Published 25 October 2019, 12:39Updated 25 October 2019, 12:40