Petrobras says competitive fuel-price policy vital to cut debt

lunes 18 de mayo de 2015 12:24 GYT

RIO DE JANEIRO May 18 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA said on Monday that having a competitive pricing policy for domestic gasoline and diesel was crucial to reducing the company's debt.

On a conference call with investors to discuss first quarter results, the company also said its fields outside the subsalt area had a decline rate of 10 percent. (Reporting by Jeb Blount; Writing by Stephen Eisenhammer, Editing by Franklin Paul)