Petrobras has been involved into a scandal 2016-03-04 08:54:29

The largest Brazilian oil and gas company was involved into a trial. Brazil's Supreme Court has accused the Parliament speaker E.Cuhna of bribery to help Petrobras to make lucrative business. Earlier Petrobras has reduced its costs by 20% due to the difficult economic situation and the managing failures. After the bribery scandal Petrobras has decided to sell two oil fields, which has positively influenced the company’s economic performance.

The company's new strategy has had a positive impact on the Petrobras shares, which have shown a record growth of 14.8%. The asset’s value continues to rise, which gives traders a great chance to earn money. Trading will be available during the American session, from 13:40 to 20:00 GMT time.

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