Petrobras Delivers Record-Setting Refinery Output in 2024
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Petrobras (PBR) has achieved a record refinery output in 2024, producing 24.4 billion liters of gasoline and 26.3 billion liters of diesel. The company has also reduced its 2025 capital expenditure to $17 billion.
January 20, 2025 | 12:45 pm
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Petrobras has achieved record refinery output in 2024, producing significant volumes of gasoline and diesel. The company has also reduced its 2025 capital expenditure to $17 billion.
The record refinery output indicates strong operational performance, which could lead to increased revenues. The reduction in 2025 capex suggests improved financial efficiency. Both factors are likely to positively impact PBR's stock price in the short term.
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