RE: What's the Impact of ADS on ChatGPT Revenue?
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Petrobras typically has strong financial results. It would be negatively impacted if oil prices fall significantly.
Currently, its main concerns are the potential reactivation of the Venezuelan oil industry and a possible peace in Ukraine. Venezuela and Russia could flood the market with crude oil. Petrobras also has preferred shares.
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reactivation of venezuelan oil will take time, big investment and some sort of safe way for them to not lose the investment again.