As the stock and commodities markets continue trying to make paupers of energy investors everywhere, many investors are undoubtedly unnerved by the volatility. Yet for all of the sound and fury of the markets, many oil companies from Exxon to Devon actually remain in relatively good shape even if this quarter’s earnings will be pretty rough.
That is not universally the case though – some firms are actually very risky and in the current market investors would be wise to stay away. One such example is Petrobras. The Brazilian oil giant may be the riskiest oil major in the world right now.
Brazil Energy Insight 
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