Petrobras (PBR) to Supply 20% of Brazil’s Fertilizer Needs in 2026

Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) is one of the 11 Dirt Cheap Stocks to Buy According to Analysts. On October 9, Reuters reported that Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) will supply about 20% of Brazil’s total demand for nitrogen fertilizers in 2026. This will be achieved as the company restarts operations at three local plants according to the company’s CEO, Magda Chambriard. The Brazilian state-run oil company’s Bahia and Sergipe plants, both located in northeastern Brazil, ar ...