Petrobras stock (PBR) slips as oil falls; Tupi hits 1 million bpd, fertilizer restart in focus
Petrobras’ U.S.-listed shares fell 1.1% to $12.52 Thursday as energy stocks slipped with Brent crude down 3.3%. CEO Magda Chambriard said Petrobras hit 1 million bpd at the Tupi field and resumed ammonia and urea output at its Sergipe plant, with Bahia’s plant to follow by month’s end. The company’s 2026 annual meeting is set for April 16. Investors await 2025 results on March 5.