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Petroleo Brasileiro Petrobras SA (NYSE:PBR) rises despite recession in Q3 profits

Petroleo Brasileiro Petrobras SA (NYSE:PBR) has seen a rise in the ADR prices despite the fact that the Q3 profits went down by as much as 39%. The ADR rose up by 9% still riding on a 3 month rise of around 23% for the largest oil company in Brazil. Petroleo Brasileiro Petrobras SA had recently registered […]

Are the plans of Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) effective if executed?

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) is making effective plans in order to increase their business and also improve the condition of their company. Most of the assets of gas and oil producing of Petrobras are situated in Campos Basin. The Campos Basin is located in Brazil. And this is the area which is considered […]

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