Economy

Petrobras' profit rises 96.8% in the 2nd quarter, to R$52.4 billion, with oil prices soaring

Originally published by G1

Published August 6, 2026 Source: G1 1 min read

Petrobras' profit rises 96.8% in the 2nd quarter, to R$52.4 billion, with oil prices soaring — Image supplied by the original publication: G1

Petrobras headquarters, in Rio de Janeiro. Fernando Frazão/Agência Brasil Petrobras recorded a net profit of R$52.4 billion in the second quarter, an increase of 96.8% compared to the same period of the previous year, the company reported this Wednesday (6). According to the state-owned company, the result was driven by the increase in production, greater oil exports and the strong rise in international prices for the commodity. The state-owned company's adjusted EBITDA, an indicator that measures the company's operational performance before financial expenses, taxes and other accounting effects, totaled R$93.8 billion between April and June, an increase of 79.6% compared to the second quarter of 2025. * Report being updated.

Source: G1

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Key points

Fernando Frazão/Agência Brasil Petrobras recorded a net profit of R$52.4 billion in the second quarter, an increase of 96.8% compared to the same period...
According to the state-owned company, the result was driven by the increase in production, greater oil exports and the strong rise in international prices...
The state-owned company's adjusted EBITDA, an indicator that measures the company's operational performance before financial expenses, taxes and other...