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Petróleo Brasileiro S.A. - Petrobras Message Board

  • bzusa6 bzusa6 Apr 5, 2014 2:55 AM Flag

    Petrobras production rose Jan-Feb, big news in The Street, but......

    The Street reported that "n Monday, the company announced that its natural oil and gas output in Brazil rose 0.7% in February, over January, despite brief stoppages in the Santos Basin."
    But the story reported by OGlobo puts this story in a different light and disputes The Street's figures:

    "RIO DE JANEIRO, Mar 31 (Reuters) -
    Oil production from Petrobras in Brazil rose 0.3 percent in February compared to January....
    In January, Petrobras suffered a drop of 2.4 percent in oil production"

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3.07+0.08(+2.68%)Feb 10 4:02 PMEST