Brazil’s crippled OGX oil firm hits bottom

By AFP
Published on
Brazil’s crippled OGX oil firm hits bottom (via AFP)

Shares of Eike Batista’s OGX oil firm sank 23.53 percent to a record low of 0.13 real at the close here Thursday, a day after it filed for bankruptcy protection. The rout prompted the Sao Paulo bourse to exclude the Brazilian magnate’s crippled company…

Leave a Comment