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Actionable news in PBR: PETROLEO BRASILEIRO S.A.-PETROBRAS ADS (REP 1 COMMON SHARE),

Petrobras (PBR) Stock Gains on June Production

NEW YORK (TheStreet) -- Shares of Petrobras (PBR) are rising 3.73% to $8.06 in pre-market trading on Tuesday after reporting record oil and natural gas production for June.

Brazil's state-owned oil company said yesterday that June production reached 2.9 million barrels of oil equivalent per day, surpassing its August 2015 record of 2.88 million barrels of oil equivalent per day.

Output for the month rose 2% from the previous month, with 2.7 million barrels of oil...


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