Petrobras says it lost 2.29M barrels of oil to strike

• Petrobras (NYSE:PBR) says it was unable to produce 2.29M barrels of oil and 48.4M cm of natural gas because of the strike by oil workers that began on Nov. 1 that is thought to be the most disruptive to the company in 20 years.
• PBR says the strike appears to be winding down after the majority of the unions agreed to resume work; the FUP union proposed ending the strike on Nov. 13, although some holdouts continued.
• Production is now “normalizing,” PBR says, expecting to maintain its 2.125M bbl/day of oil production for 2015.