On September 16, Petrobras declined 3.09% in regular trading, trading at $21.095 per share, with turnover of $112 million.

On the news front, the international oil sector came under broad-based selling pressure, with major global oil companies declining in tandem. Among peers, ExxonMobil fell 3.0%, Chevron dropped 2.5%, Occidental Petroleum slid 5.17%, BP declined 2.56%, and Shell lost 2.32%. Petrobras was dragged lower by the sector-wide downturn.

On the fundamental side, the company recently signed a 20-year LNG supply agreement with Sempra Infrastructure, under which Sempra will supply 800,000 tonnes of LNG annually from its Port Arthur LNG Phase 2 project in Texas. Additionally, the company reported strong first-half results, with net income attributable to shareholders reaching $16.627 billion, up 55.3% year-over-year, while total revenue rose 35.7% to $57.14 billion. Second-quarter oil and gas production hit 3.34 million barrels of oil equivalent per day, up 14.1% year-over-year. Despite solid underlying fundamentals, the stock retreated amid prevailing negative sentiment across the energy sector.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)