Petrobras CEO sees no sharp drop in oil prices
RIO DE JANEIRO, March 24 |
RIO DE JANEIRO, March 24 (Reuters) - Chief Executive of Brazil's state-run oil company Petrobras (PETR4.SA)(PBR.N) Jose Sergio Gabrielli said on Wednesday he saw no sharp drop in world oil prices on the horizon.
He added that the government's push to inject roughly $50 billion in fresh capital into the company was fundamental to Petrobras' five year investment plan. (Reporting by Denise Luna; writing by Reese Ewing)
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