Shares of Petrobras (PJXC.F) leapt +10.1% to €10.04 after the state-controlled oil giant reported a second oil-bearing interval at its Morpho exploration well,

Shares of Petrobras (PJXC.F) leapt +10.1% to €10.04 after the state-controlled oil giant reported a second oil-bearing interval at its Morpho exploration well, located in ultra-deep waters off northern Brazil. The find is encouraging — but no barrels have been booked, and significant legal and envir…