7 de noviembre de 2014 / 14:28 / hace 3 años

BUZZ-Petrobras: Raises fuel prices; analysts say insufficient

** Brazilian state oil company's shares down 3.7 pct at $10.33 before the bell

** Raises wholesale prices of gasoline and diesel for first time in over 11 months

** However, analysts consider the increase insufficient to make up for recent losses in Petrobras' refining division

** Refining division has lost more than $24 million since end of 2010, mainly because government had refused to let company increase prices

** Up to Thursday's close, stock had lost 37 pct in 12 months

0 : 0
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