Comment on Petrobras (PBR.A) Stock Rises as Ibovespa Futures, Oil Prices Climb

Petrobras (PBR.A) Stock Rises as Ibovespa Futures, Oil Prices Climb

NEW YORK (TheStreet) -- Shares of Brazilian state-owned energy company Petrobras rose 1.71% to $9.52 in morning trading Wednesday as Ibovespa futures climbed and crude oil prices extended their two-day rally. Ibovespa futures contracts due in June rose 0.2% to 58,855 at 9:32 a.m. in Sao Paulo, according to Bloomberg. Meanwhile, WTI crude rose 2.48% to $61.90 at 9:56 a.m., while Brent crude was up 2.3% to $69.07, according to CNBC.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News