Petrobras Closed Q3 with Strong Refining Utilization Rates

Petrobras Closed Q3 with Strong Refining Utilization Rates

October 11, 2024--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Petrobras (NYSE:PBR) (Rio de Janeiro, Brazil) continues to focus on its downstream sector, projecting higher capacity and a robust refining throughput.

Petrobras announced that it maintained a refinery utilization rate of 95.2% during the third quarter, while in September, it reached 96.8%, the highest monthly pace throughout 2024.

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