ahlam1399
03-22-2016, 05:51 AM
Petrobras posts record loss as oil price slump forces writedowns
NEW YORK/RIO DE JANEIRO (Reuters) - Brazil's state-controlled oil company Petrobras posted its biggest-ever quarterly loss on Monday after booking a large writedown for oil fields and other assets as oil prices slumped and refinery projects faltered.
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NEW YORK/RIO DE JANEIRO (Reuters) - Brazil's state-controlled oil company Petrobras posted its biggest-ever quarterly loss on Monday after booking a large writedown for oil fields and other assets as oil prices slumped and refinery projects faltered.
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