Petrobras CEO resisting pressure from Bolsonaro to resign – sources

On Thursday, Bolsonaro signaled his dissatisfaction with the Petrobras CEO during an announcement about lowering federal fuel taxes.

RIO DE JANEIRO, BRAZIL - The chief executive of Brazil’s state-led oil company Petrobras is resisting pressure from President Jair Bolsonaro to resign following tensions over rising fuel prices, two sources with direct knowledge of the matter told Reuters.

Roberto Castello Branco was appointed CEO of Petroleo Brasileiro SA when Bolsonaro took office at the start of 2019, and he has dealt periodically with the president . . .

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