Coronavírus faz Petrobras e Vale perderem em seis horas R$ 30 bi em valor de mercado

Coronavirus Causes Petrobras and Vale to Lose R$ 30 Billion in Market Value in Six Hours

Written by Flavia Marinho

Published on 27/01/2020 at 17:46

Updated on 27/01/2020 at 18:18

Coronavírus faz Petrobras e Vale perderem em seis horas R$ 30 bi em valor de mercado

Seja o primeiro a reagir!

The Effects Of Coronavirus Impact Global Economy; Stocks Linked To Commodities Like Petrobras And Vale Lost Billions In Market Value.

Together, Vale and Petrobras have already lost R$ 30 billion since the opening of the trading session at 10 a.m. this Monday. The loss is due to uncertainties regarding the impact of the spread of the coronavirus in China and the global economy. Many Offshore Job Openings In Macaé By The Oil And Gas Multinational Weatherford On This Day, January 27

Read Also

The Effects Of Coronavirus Impact Global Economy. Stocks Of Commodity-Linked Companies Listed On The Ibovespa (Benchmark Index Of The São Paulo Stock Exchange) Such As Petrobras And Vale Lost Billions In Market Value.

ARTICLE CONTINUES BELOW

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

The Technical Agenda and the Fair in the City of Macaé Should Boost Discussions on Investments, Energy Transition, and Development of the Oil, Gas, and Energy Chain in the National...

Paulo Nogueira

Vale, which counts China as one of its main buyers of iron ore, has already lost R$ 15.2 billion. Petrobras, in turn, has recorded losses of R$ 14.5 billion.

Other commodity companies are experiencing significant declines today. Gerdau PN is down 7.15%, Usiminas PNA (-6.28%), and Gerdau Metalúrgica PN (-6.17%).

This Monday, the World Health Organization (WHO) corrected its assessment regarding the coronavirus. Now, the international organization believes that the risk of the disease is high for both China and the world.

The market is starting to question how the disease might affect the growth capacity of China and the world.

Much of this fear arises from the future measures that Beijing could adopt to contain the virus. So far, it has already suspended New Year celebrations, extended the holiday, and closed cities where the virus is spreading:

The concern about potential port and airport closures, which would consequently disrupt the overall economy, is what worries the market.

Since the beginning of the coronavirus notifications on January 3rd of this year, Vale has accumulated a loss of R$ 16.3 billion. Petrobras has R$ 26.8 billion in losses.

Coronavirus Causes Petrobras and Vale to Lose R$ 30 Billion in Market Value in Six Hours

The Effects Of Coronavirus Impact Global Economy; Stocks Linked To Commodities Like Petrobras And Vale Lost Billions In Market Value.

Read Also

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

Contaminated water from uranium threatens mining areas, and Chinese scientists have created a solar-powered living filter that could change environmental decontamination.

Diagnostic test

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state wants to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state aims to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Government unlocks R$ 554 million for a highway that has been requested for decades and accelerates the duplication of BR.

Contaminated water from uranium threatens mining areas, and Chinese scientists have created a solar-powered living filter that could change environmental decontamination.

Excel dominates job openings even in the era of artificial intelligence: analysis reveals high demand and highlights 5 courses to move beyond the basics and advance in the job market.

Renewable energy advances over protected areas in Brazil, and a survey by the Energy Transition Observatory reveals silent impacts that challenge environmental conservation and pressure sensitive traditional territories.

Archaeologists find in Mexico a sacrifice altar over 1,000 years old, surrounded by skulls, human bones, and signs of rituals from the Toltec Empire.

Scientists open a 1-million-year-old capsule in New Zealand and find fossils of 16 species that reveal extinctions caused by volcanoes and climate changes before humans.

Coronavirus Causes Petrobras and Vale to Lose R$ 30 Billion in Market Value in Six Hours

The Effects Of Coronavirus Impact Global Economy; Stocks Linked To Commodities Like Petrobras And Vale Lost Billions In Market Value.

Read Also

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

Contaminated water from uranium threatens mining areas, and Chinese scientists have created a solar-powered living filter that could change environmental decontamination.

Diagnostic test

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state wants to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state aims to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Government unlocks R$ 554 million for a highway that has been requested for decades and accelerates the duplication of BR.

Brazilian giant expands borders in the Southeast: Petrobras confirms new oil discovery in ultra-deep waters in the pre-salt of the Campos Basin.

Alert in the global energy market: Severe tropical cyclone hits the coast and disrupts gas production at major plants in Australia, threatening global supply.

Petrobras finds high-quality oil in the pre-salt at 113 km from RJ and reignites expectations about strategic reserves in the Campos Basin.

Ocyan opens registrations for startups focused on innovation in the oil and gas sector and will select projects for Innovation Day with the support of Nexio.

Petrobras announces new oil discovery in the pre-salt of the Campos Basin and reinforces Brazil’s prominence with high-quality reserves that can increase production and energy revenues.

Contaminated water from uranium threatens mining areas, and Chinese scientists have created a solar-powered living filter that could change environmental decontamination.

Excel dominates job openings even in the era of artificial intelligence: analysis reveals high demand and highlights 5 courses to move beyond the basics and advance in the job market.

Renewable energy advances over protected areas in Brazil, and a survey by the Energy Transition Observatory reveals silent impacts that challenge environmental conservation and pressure sensitive traditional territories.

Archaeologists find in Mexico a sacrifice altar over 1,000 years old, surrounded by skulls, human bones, and signs of rituals from the Toltec Empire.

Scientists open a 1-million-year-old capsule in New Zealand and find fossils of 16 species that reveal extinctions caused by volcanoes and climate changes before humans.