Petrobras Raises $70 Billion in Largest Share Offering

Sept. 24 (Bloomberg) -- Petroleo Brasileiro SA, the state-controlled oil company, raised 120.4 billion reais ($70 billion) from the Brazilian government and other investors in the world’s largest share sale as it seeks cash to develop offshore fields. Bloomberg's Cecilia Tornaghi reports.(Source: Bloomberg)

Petrie Sees Oil Production Peaking Between 2012 and 2015

Sept. 20 (Bloomberg) -- Thomas Petrie, vice chairman of Bank of America-Merrill Lynch, talks about the U.S. government's moratorium on deep-water oil drilling and the outlook for oil production. Petrie also talks about BP Plc's Macondo well in the Gulf of Mexico and consolidation in the oil industry. He talks with Matt Miller and Adam Johnson on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Stocks, Oil Advance as Dollar Weakens Before Fed Sets Policy

Stocks, Oil Advance as Dollar Weakens Before Fed Sets Policy
Dec. 16 (Bloomberg) -- U.S. and European stocks rose on speculation the Federal Reserve will say it plans to hold its benchmark interest rate at a record low for an extended period to sustain the global economic recovery. Oil and metals rallied as the dollar fell. Read article