CLEAN : Petrobras sees $4 bn 2016 loss but fourth quarter up

CLEAN : Petrobras sees $4 bn 2016 loss but fourth quarter up

Assessment

Interactive Video

Business

11th - 12th Grade

Hard

Created by

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The video discusses the company's stable production levels despite selling an asset in Argentina. It highlights a significant operational profit shift from a 12 billion reais loss in 2015 to a 17 billion reais profit in 2016, marking a 29 billion reais improvement. Despite these positive results, the company still faces significant debt, and efforts must continue to reduce it to more reasonable levels.

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1 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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