
Oil Price Jitters Drag Brazil’s Energy and Mining Giants Down
Petrobras and other oil stocks nosedived on Brazil’s B3 exchange on April 3, 2025, post-Carnival, as commodity prices tanked. Petrobras ordinary shares slid 3.04% to R$39.58, and preferred shares dropped 2.96% to R$36.10 by 10:40 a.m. Brasília time. Brava …