What's Going On With Brazilian Oil & Gas Company Petrobras Shares On Tuesday?

Petrobras (NYSE:PBR) reported a Total Utilization Factor (FUT) of 96.8% for its refineries in September, the highest monthly figure in 2024, bringing the third-quarter average to 95.2%.

The quarter also saw record pre-salt oil processing, accounting for 73% of the total load, and gasoline production reaching 6.38 million m3.

Asphalt production was notable as well, with 803,000 tons produced in the quarter, including records at ...