Global Slump in Crude Oil Prices Should Impact Petrobras

Petrobras has already announced investment cuts, suspension of dividends, wage and production cuts, and a R$40 billion loan to tackle the crisis.

RIO DE JANEIRO, BRAZIL - Used as a reference by Petrobras, Brent oil recorded a sharp drop on Tuesday, April 21st and closed at US$19.33 (R$97) a barrel, its lowest since . . .

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