Petrobras (NYSE: PBR) Amazon Discovery Could Sustain Brazil’s Oil Boom For Decades

Brazil’s state oil giant Petrobras (NYSE: PBR) has discovered oil near the mouth of the Amazon River, a find that President Luiz Inácio Lula da Silva is already hailing as a transformational moment for the country. Lula described the discovery as a “passport to Brazil’s future,” signaling the government’s strong intent to pursue development of […] The post Petrobras (NYSE: PBR) Amazon Discovery…