22 de junio de 2017 / 20:49 / en 3 meses

Petrobras CEO says wider margins prove cost cuts effective

SAO PAULO, June 22 (Reuters) - Improving operational profitability at Petróleo Brasileiro SA in the face of low oil prices highlights how recent cost-cutting efforts have bolstered the finances of the Brazilian state-controlled oil company, Chief Executive Officer Pedro Parente said at an event in São Paulo on Thursday. (Reporting by Lais Martins; Writing by Alexandra Alper)

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