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Brazil's Petrobras swings to near $3 billion net profit in fourth quarter

Brazil's Petrobras swings to near $3 billion net profit in fourth quarter

Brazilian state-run ‌oil firm ​Petrobras ​on Thursday posted ⁠a ​net profit ​of 15.6 billion ​reais ($2.96 ​billion) for the ‌fourth ⁠quarter, swinging from a ​year-earlier ​17 ⁠billion-real ​net loss.

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