Company: PBR
Filing Date: 2025-05-13
Form Type: 6-K
Source: 0001292814-25-002053
Chunk: 6

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-05-13
Form: 6-K
Chunk 6
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 -11 |      -4 |            -11 |
| Cumulative translation adjustment |    -277 |          103 |       − |              − |
| Closing balance                   |   9,771 |        8,083 |   5,948 |          4,779 |
| Current                           |   1,952 |        1,541 |   1,692 |          1,339 |
| Non-current                       |   7,819 |        6,542 |   4,256 |          3,440 |

| 10. | Inventories |

|                                 |            | Consolidated |
|                                 | 03.31.2025 |   12.31.2024 |
| Crude oil                       |     17,538 |       16,379 |
| Oil products                    |     12,141 |       13,382 |
| Intermediate products           |      3,003 |        2,627 |
| Natural gas and LNG (1)         |        504 |          628 |
| Biofuels                        |        116 |          134 |
| Fertilizers                     |          7 |            7 |
| Total products                  |     33,309 |       33,157 |
| Materials, suppliers and others |      9,470 |        8,393 |
| Total                           |     42,779 |       41,550 |
| (1) Liquefied Natural Gas.      |            |              |

Consolidated inventories are presented as a net of losses
for adjustment to their net realizable value, these adjustments being mainly due to fluctuations in international oil prices and their
oil products and they are recognized in the statement of income for the period as cost of sales. In the three-month period ended March
31, 2025, the Company recognized a R$ 37 loss within cost of sales, adjusting inventories to net realizable value (a R$ 216 reversal of
cost of sales in the three-month period ended March 31, 2024).

At March 31, 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