Petrobras CEO Says Asia to Help Counter US Tariff Pressure

Storage tanks near a Petrobras refinery in Duque de Caxias, Rio de Janeiro state, Brazil.

Photographer: Dado Galdieri/Bloomberg

Petrobras is in a favorable position to withstand the US trade war thanks to robust sales to other countries including India, Chief Executive Officer Magda Chambriard said.

“There is a lot of demand in Asia for our products,” Chambriard said at a Bloomberg New Voices forum in Sao Paulo.