Brazilian oil-producing company Petrobras going through hard times during the corruption trial. A few days ago, during the trial company received 60 million dollars. All the money was gained from businessman and politicians, who were involved in the case and accepted to cooperate with the court. The case is opened since 2014, and since that were arrested more than 100 people. Money return to Petrobras positively affects on company’s stock price.
For the past few days, Petrobras stocks increased by 8,1%. This is a growing trend, that traders can use to make income deals. Trading will be available during American session, from 14:40 to 21:00 GMT.
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