Petrobras is the tenth largest in the world, according to a Forbes rank led by oil company Exxon Mobil. The Brazilian state-owned giant is the only Latin company featured among the top ten list. The ranking criteria used financial metrics such as market value, sales, and earnings.
Other “top ten” companies highlighted within the rank are JPMorgan Chase (2), Royal Dutch Shell (4), HSBC (6) and PetroChina (7). Forbes also points out that among the one hundred largest companies in the world, five are Brazilian. In addition to Petrobras, the list includes Itaú Unibanco (30th), Bradesco (43rd), Banco do Brasil (54th) and Vale (56th).