CEO of Brazil’s Petrobras

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    Petrobras Says Discussions Among Saudi, Russia are of No Use For Oil Prices

    Petrobras Says Discussions Among Saudi, Russia are of No Use For Oil Prices

    Recent discussions involving leaders from major oil-producing countries and the U.S. will prove irrelevant for oil prices that are low due to depressed demand, the CEO of Brazil’s Petrobras stated Thursday evening. Throughout an online event hosted by Brazilian brokerage XP, Petrobras CEO Roberto Castello Branco stated the conflict between non-OPEC member Russia and the group’s de facto chief, Saudi Arabia,…

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