Despite a year of price hikes, Brazil’s Petrobras shares appreciate 27%

However, economists alert that, with the electoral period in the second half of the year, investors should be vigilant.

RIO DE JANEIRO, BRAZIL - A survey conducted by Economatica platform showed that from January 2021 through January 2022, Petrobras shares increased in value by 27.45%.

Despite 2021 having been marked by consecutive readjustments in fuel prices and the change of the state-owned company's president in April, Veedha Investimentos head of equities Rodrigo Moliterno explains that some of the company's features and the current scenario prevent the shares from being negatively impacted.

According to Moliterno, "the risk of government influence within the company is decreasing. We observed several political forces trying to interfere in the prices charged . . .

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