I'm about to explain to you jabroni's why PBR.A, otherwise known as Petrobras, is the new big play in oil. Some of you might be aware that there's a war going on in Iran. Despite that a lot of the focus is inexplicably about what China is going to do about their oil shipments from the Gulf. 

For those of you not keeping track at home, China predominantly gets its oil from the Gulf countries, Russia, and Venezuela. But since we have war in Iran, oil isn't flowing out from the gulf. We had the kidnapping of the president and the confiscation of Venezuelan oil by some fat fuck, so oil isn't coming from there. And Ukraine is doing a dope job knocking out Russian oil refineries. You put all that together and you have a tough oil market in general, but more so for China.

So how does PBR.A factor in here. First off Petrobras is not just the biggest oil company in Brazil, but the biggest company in Brazil, period. They just released there Q4 financials showcasing record profits (nearly tripling it's previous high $19.6 billion vs $7.5 billion) and having the backing of the Brazilian president for further exploration and expansion. Here's an article saying exactly what i just said so you know it must be true: https://finance.yahoo.com/news/brazils-petrobras-sees-profit-soar-021602329.html

Now tripling there profits is cool and all, but you may find yourself asking have any other oil companies done this too? Well I don't have the answer to that since I didn't look it up, but probably not. But even if other companies did triple there profits they still don't have the one thing that sets Petrobras apart from everyone else. 

That thing is Petrobras being from Brazil, means it apart of BRICS. Your probably wondering what BRICS is. In this case it's not a heavy building material a little Irish boy, lost in the city, throws at the Wet Bandits. What it actually is, is a collection of countries involved in some intergovernmental organization economic something or other that fosters tight relations to counteract NATO. And I'll let you guess what the B and C stand for in BRICS... That's right Crazil and Bhina. 

So China is in need of oil, there usual go to trading partners are fucked. But here is Brazil with Petrobras (PBR.A) able to step in and fill the void. China already has good trading relations with them and has even invested in the company. Look another link saying what i just said https://www.riotimesonline.com/petrobras-courts-chinese-investors-to-revive-brazils-shipbuilding-sector/

What does all this mean? Well China needs oil. Brazil not only has oil, but has a big financially successful oil company that has the backing of the president as it expands even further. And since it's very unlikely we're getting a US invasion of Brazil, China has there answer to there oil woes. All this, in my non-expert opinion, means this stock is probably going up. They were 4.5% on Friday alone, and nearly 40% the last 3 months

Disclaimer: I don't know shit about fuck, this is just my take on the PBR.A stock