Home Economics Brazilian oil giant OGX files for bankruptcy

Brazilian oil giant OGX files for bankruptcy

Advertisement Disclosure: When you purchase through our sponsored links, we may earn a commission from our partners. By using this website you agree to our T&Cs.

Brazilian oil giant OGX files for bankruptcy (via AFP)

Brazilian tycoon Eike Batista’s OGX oil firm on Wednesday filed for bankruptcy protection to avert default after debt-restructuring talks with creditors failed, a court spokeswoman said. “The company filed its request for bankruptcy protection this…

Our Editorial Standards

At ValueWalk, we’re committed to providing accurate, research-backed information. Our editors go above and beyond to ensure our content is trustworthy and transparent.

AFP
Editor

Related news

Consumer Price Index CPI

CPI Inflation Drops to 2.7% in November, Stocks Jump

Dave Kovaleski

Unemployment Rate Rises to Highest Level in 4 Years

Dave Kovaleski
Federal Reserve Rate Cuts

FOMC Lowers Rates for Third Straight Meeting

Dave Kovaleski

Fed and Earnings of World’s 6th Largest Firm on Tap This Week

Dave Kovaleski

Will September’s PCE Inflation Have Any Bearing on the Fed?

Dave Kovaleski

Must Read

New

How to Invest in Stocks in 2026 – Beginner’s Guide

Investing in stocks can be a great way to improve your overall wealth – but...

23 Min Read Read now

Latest News

Investing

Which Stocks Should You Buy, and Sell, in 2026?
Dave Kovaleski5 months

Also, the 3 sectors that Wall Street analysts are most bullish about. The usual suspects dominated in 2025 as both the Communication Services and Information Technology sectors helped boost the...