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Thursday, 10/28/2010 2:48:00 PM

Thursday, October 28, 2010 2:48:00 PM

Post# of 1749
Nice news


News that Brazil's Petrobras (PBR) has found a "large accumulation" of light oil in another offshore well could be the catalyst traders need to drive the stock -- and the Bovespa -- higher. PBR says that that the Barra exploration well contains more oil than the now-mature Guaricema and Dourado fields and, if anything, resembles the blockbuster 80 billion-barrel Campos field in terms of quality.
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