Prio’s Profit Dips in Q3 2024: A Closer Look at the Oil Company’s Performance

The Brazilian oil company Prio faced a significant downturn in its financial performance during the third quarter of 2024. The company reported a net profit of $165 million, marking a 52% decrease compared to the same period last year. This decline reflects the challenging landscape of the global oil industry. Prio’s EBITDA (earnings before interest, […]