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Petrobras CEO expects oil to fall to $70

Filed: Apr 29, 2026 at 9:04 AM ET
Summary: Petrobras CEO Magda Chambriard said the company targets Brent crude at about $70 per barrel by year-end 2026.
WHO: Magda Chambriard
WHAT: Petrobras forecast targets Brent crude at about $70 per barrel by year-end 2026
WHEN: Apr 29, 2026 at 7:57 AM ET
WHERE: Duque
WHY: No specific cause was reported.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.

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