Two Exciting Brazilian Oil Stocks

by Admin Published 10/6/2008 | Finance |

Among stocks in our coverage, Petrobras (PBR) and BG Group (BRGXF.PK) offer exciting long-term participation in the world�s most important oil discoveries of the past three years. The finds are in the Pre-Salt formation of the Santos Basin offshore Brazil under water a mile deep. After the market decline of recent months, both stocks offer better entry points for accumulating shares. Though our buy ratings remain suspended amid tumultuous financial markets, we believe in the long-term appeal o