Petrobras in Safer Financial Situation Than Its Peers in Latin America, Says Moody’s

Moody's points out that over half of the oil companies in the region are controlled by their countries' governments, which reduces the risk of default.

RIO DE JANEIRO, BRAZIL - The measures taken by Latin American oil and gas companies to protect liquidity were "only partially successful," according to an assessment by Moody's rating agency.

According to Nymia Almeida, Senior Vice President at Moody's, Petrobras seems to present a more favorable . . .

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