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Shares of Petrobras surged 8% to $23.39 on Monday after the Brazilian state oil giant confirmed a second oil-bearing interval at its Morpho exploration well in

Stock Report • 2026-10-05 08:17 UTC • By Billy Odell Tucker-Robinson
Shares of Petrobras surged 8% to $23.39 on Monday after the Brazilian state oil giant confirmed a second oil-bearing interval at its Morpho exploration well in
Shares of Petrobras surged 8% to $23.39 on Monday after the Brazilian state oil giant confirmed a second oil-bearing interval at its Morpho exploration well in ultra-deep waters off Amapá — a discovery that on Friday alone added R$20.9 billion to the company's market value and pushed its capitali…
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