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Event Brief

Petrobras CEO expects oil to fall to $70

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.
Sources (1): Rio Times

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