Brazil's state-run oil firm Petrobras will look into opportunities in neighboring Venezuela, said the head of Exploration and Production Sylvia Anjos in an interview with newspaper O Globo on Friday.

From a technical perspective, Petrobras (PBR) is looking like an interesting pick, as it just reached a key level of support. PBR recently overtook the 20-day moving average, and this suggests a short-term bullish trend.

In the closing of the recent trading day, Petrobras (PBR) stood at $15.29, denoting a +1.8% move from the preceding trading day.

Petrobras (PBR) closed the most recent trading day at $15.02, moving 1.12% from the previous trading session.

Petroleo Brasileiro S.A.- Petrobras (NYSE: PBR - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the seven analysts that are covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among

Caprock Group LLC acquired a new position in shares of Petroleo Brasileiro S.A.- Petrobras (NYSE: PBR) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 110,204 shares of the oil and gas exploration company's stock, valued at

Petroleo Brasileiro S.A.- Petrobras (NYSE: PBR - Get Free Report) saw unusually large options trading activity on Wednesday. Stock traders acquired 61,765 call options on the company. This is an increase of 48% compared to the average daily volume of 41,670 call options. Institutional Inflows and Outflows Hedge funds have recently modified their holdings of the

Shares of Petroleo Brasileiro S.A.- Petrobras (NYSE: PBR - Get Free Report) reached a new 52-week high on Wednesday after The Goldman Sachs Group raised their price target on the stock from $13.10 to $15.00. The Goldman Sachs Group currently has a buy rating on the stock. Petroleo Brasileiro S.A.- Petrobras traded as high as $15.97

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ABC Arbitrage SA boosted its stake in Petroleo Brasileiro S.A.- Petrobras (NYSE: PBR) by 310.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 196,610 shares of the oil and gas exploration company's stock after buying an additional 148,686 shares during the quarter.