This is Why Investors Should Exercise Caution With Petrobras
Energy stocks have had a rough ride lately. With concerns mounting over a global recession, oil demand expectations are under pressure—and prices have reflected that sentiment. Among the sector’s big names, Petrobras PBR has fallen more than 12% year to date, underperforming ExxonMobil XOM and Shell‘s SHEL 7.1% and 4.6% decline, respectively. While the entire