Petrobras: The Market Doesn’t Seem To Trust Lula (NYSE:PBR)

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Brazilian state-owned oil and gas company Petroleo Brasileiro SA or Petrobras (NYSE:PBR) has outperformed the S&P 500 (SPX) since our December update, urging investors to ignore the doom and gloom.

Despite the recent pullback, PBR is still up by nearly 20% from

Author: jeserje

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