The article takes a look at why Credit Suisse has rated Petrobras stock as Underperform. Credit Suisse has reaffirmed an Underperform rating on the stock of Petroleo Brasileiro Petrobras SA, while raising its twelve month stock price targe…

Sources say delay meant to wait for the time of government rescue program announcement. Brazilian oil giant, Petróleo Brasileiro Petrobras SA (ADR) (NYSE:BPR), is reported to have delayed plans to announce the details of its major cuts of …

Move to ease the burden for state-run Petrobras to have full stake on pre salt oilfield development. Brazilian oil major Petroleo Brasileiro Petrobras SA (NYSE:PBR) is likely to see its compulsive grip as the sole operator and stakeholder …