Petrobras is trading at €10.04, up +10.12%, as coverage linked Friday’s rise to the second oil-bearing interval reported at the Morpho well on October 2.

  • Reuters confirmed Petrobras reported the new discovery in ultra-deep waters off Amapá, in block FZA-M-59, where hydrocarbons had already been identified in August.
  • The move is in live trading; volume data was not provided.
  • The discovery is not yet a declaration of commercial reserves.