Petrobras (PBR) is likely to remain under pressure as long as Brazil's real stays weak, WSJ's...

|About: Petrobras - Petroleo Brasil... (PBR)|By:, SA News Editor

Petrobras (PBR) is likely to remain under pressure as long as Brazil's real stays weak, WSJ's Spencer Jakab writes, adding that stubborn inflation and recent protests mean the government probably won’t help with further fuel increases any time soon. But Emerging Money’s Tim Seymour thinks the selling is overdone, and PBR is starting to look "interesting" as oil prices hold, demand returns and output improves.