Go ahead and short PBR. Let's see if your money lasts as long as PBR's profits. I'll put my money on PBR's profits. PBR actually imports LNG so cheaper natural gas prices help. The state owned electric companies owe PBR billions for gas they have not paid for yet, if they use less this helps PBR. On the oil price war you mentioned in previous post, that will help PBR. If Brent oil dropped to $45 a barrel PBR will make more money than they would with Brent at $70 per barrel. PBR is a net importer of fuel and condensates. Their limited export oil is in long term contracts that expire at the start of 2018. So, if oil stayed low for two years, then started to drift up towards $70, PBR will do just fine. Become a better troll and do your research on stocks you try to trash talk.
You're not very bright are you? You do realize that oil at fifty dollars a barrel is better for PBR than oil at at current levels. PBR markets close to 87% of it's oil into Brazil. They have a great margins in Brazil and will continue to have great margins until they recoup losses from selling oil at losses since 2011 and they are in a stable financial position. Lower oi prices also help them because they buy ultralight or condensate oil to dilute their heavy crude before refining. Lower prices are better for PBR.