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Is Petróleo Brasileiro S.A. – Petrobras (PBR)The Best Energy Stock to Buy According to Billionaire Ken Fisher?
Daily short sale tracking: Petroleo Brasileiro SA Petrobras's short volume increased by 10 million, with a short sale ratio of 33%
Petroleo Brasileiro SA Petrobras(PBR.US) ranked top of the list had the largest change in short volume (10.09 million shares), and the short volume ratio of Zoetis(ZTS.US) reached 41.94%. See more about the top 10 list of short selling volume changes in the latest trading day of the US stock market.
Baker Hughes Wins Technology Contract With Petrobras for Pipeline Corrosion Solution
After the significant changes in the "petrodollar," oil prices have fallen, as have the dollar and US Treasury yields.
Deutsche Bank pointed out that since the USA became a net oil exporter in 2018/2019, there has been an unprecedented high level of correlation between oil prices, US Treasury yields, and the dollar over the past 30 years. Rising oil prices are more likely to strengthen the dollar, while the direction of the 10-year US Treasury yield has become more difficult to predict.
Baker Hughes Awarded Completions Systems Contract for Petrobras' Deepwater Fields
Trump met with executives from the NENGYUANHANGYE for the first time, and the US Energy Secretary denied that the oil price target was set at $50.
Industry executives are increasingly concerned that Trump's plan to cut Energy prices could result in oil prices being driven down to a level where production is unprofitable, but it is reported that this meeting did not discuss the issue of oil prices.