Petrobras is trading at R$50.11, down 4.93%, as falling crude prices pressure energy shares.
- Crude prices fell sharply on November 2 as U.S.-Iran diplomatic signals eased fears of supply disruption; energy shares also declined alongside oil.
- No clear company-specific catalyst for the drop was identified; Petrobras also fell alongside other Latin American oil producers amid the oil sell-off.
- Trading activity and volume data for November 3 were unavailable in the supplied information.