Petrobras Shares Begin Trading via ADRs on NYSE; Oil Output Hits Record
1 report, 1 independent
Updated Wed 00:00
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What happened
Petrobras shares began trading via American depositary receipts on the New York Stock Exchange on October 14, 2026. Separately, preliminary regulator data showed Petrobras oil output reached 2.96 million barrels a day in September 2026, marking a new record. This increase was primarily driven by output gains at the Tupi and Búzios fields.
From riotimesonline.com
Why it matters
The record output indicates that Brazil is adding supply from outside the OPEC+ group of producers. This operational update is relevant to US readers because Petrobras shares trade on the New York Stock Exchange as American depositary receipts.
From riotimesonline.com
Who's involved
- PetrobrasBrazilian multinational oil and gas corporation whose shares are listed via ADRs.
- New York Stock ExchangeAmerican stock exchange where Petrobras shares trade via American depositary receipts.
Keep exploring
The entities involved
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Petrobras
Brazilian multinational oil and gas corporation
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New York Stock Exchange
American stock exchange
Related events
- Petrobras participated in an oil block auction in Rio de Janeiro, facing competition from QatarEnergy.
- Petrobras was identified as a turnover leader in the market on October 7, 2026.
- UBS raised its price objective for Petrobras stock.
- Stock trades occurred on the NYSE platform while filing disclosures with the SEC.