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Hidden in Awful Petrobras Earnings Is Some Really Good News (1).

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      "At the moment, the most important thing for Petrobras is the balance sheet", said Danilo Onorino, a portfolio manager at Dogma Capital SA, which owns Petrobras bonds. "The difference between Gazprom and Petrobras is Gazprom has a very normal situation with its balance sheet, and Petrobras is getting there", he said. [Extracted from the article]
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