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Petrobras downgraded to Hold at Jefferies on Brazil oil export tax [Yahoo! Finance]

Petroleo Brasileiro S.A. Petrobras American Depositary Shares representing Preferred Shares  (PBR.A) 
US:NYSE Investor Relations: investidorpetrobras.com.br/en
PDF from $20.30, after the Brazilian government announced a temporary 12% oil export tax along with a cut in fuel taxes and diesel subsidies to contain the inflationary impa [Read more]