Company: PBR
Filing Date: 2025-08-08
Form Type: 6-K
Source: 0001292814-25-002976
Chunk: 4

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-08-08
Form: 6-K
Chunk 4
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 products                                |      2,441 |      2,161 |
| Intermediate products                       |        561 |        424 |
| Natural gas and Liquefied Natural Gas (LNG) |        127 |        101 |
| Biofuels                                    |         28 |         22 |
| Fertilizers                                 |          2 |          1 |
| Total products                              |      6,291 |      5,354 |
| Materials, supplies and others              |      1,942 |      1,356 |
| Total                                       |      8,233 |      6,710 |

In the six-month period ended June 30, 2025, the
Company recognized a US$ 7 loss within cost of sales, adjusting inventories to net realizable
value (a US$ 44 reversal of cost of sales in the six-month period ended June 30, 2024), primarily due to changes in international
prices of crude oil and oil products.

At June 30, 2025, the Company had pledged crude
oil and oil products volumes as collateral for the Term of Financial Commitment (TFC) related to Pension Plans PPSP-R, PPSP-R Pre-70 and
PPSP-NR Pre-70 signed by Petrobras and Fundação Petrobras de Seguridade Social – Petros Foundation in 2008,
in the estimated amount of US$ 818 (US$ 761 at December 31, 2024).

| 11. | Trade payables |

|                         | 06.30.2025 | 12.31.2024 |
| Third parties in Brazil |      4,352 |      3,657 |
| Third parties abroad    |      1,928 |      2,409 |
| Related parties         |         19 |         16 |
| Total                   |      6,299 |      6,082 |

| 19 |

Forfaiting

The Company has a program to encourage the development
of the oil and gas production chain called “Mais Valor”(More Value), operated by a partner company on a 100% digital
platform.

By using this platform, the suppliers who want
to anticipate their receivables may launch a reverse auction, in which the winner is the financial institution which offers the lowest
discount rate. The financial institution becomes the creditor of invoices advanced by the supplier, and Petrobras pays the invoices on