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Petrobras Shares Rise as Oil Prices Surge, Company Gains R$52 Billion in Four Sessions

Summary by Globo
Stock gains follow jump in commodity prices after Israel's attack on Iran and help reduce Ibovespa's losses
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Latin America’s oil actions listed on Wall Street rose on Friday following Israel’s attacks on nuclear facilities and military targets in Iran. The escalation in geopolitical tensions in the Middle East threatens to destabilize the global supply of crude oil, which led to rising international prices. See more: From S&P 500 to Gold: That’s how markets feel the military escalation between Israel and IranThe Israeli attacks included nuclear targets…

After yesterday they recorded a significant decline due to a market rumor, this Friday the futures of CME Group’s soybean oil (“Chicago”) experienced a substantial rise due to two combined bulldozers that boosted each other. Israel’s military offensive against Iran – which will soon have a response in the form of retaliation by the Muslim nation – generated a significant rise in the international price of oil that, by extension, moved to the val…

Stock gains follow jump in commodity prices after Israel's attack on Iran and help reduce Ibovespa's losses

·Brazil
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Globo broke the news in Brazil on Friday, June 13, 2025.
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