CEO of Brazilian oil company steps down after unpopular price leap
The CEO of Petrobras had betrayed the Brazilian people, according to President Jair Bolsonaro, after the company raised gasoline prices last week. Now the CEO has announced his departure.

BY MARKETWIRE
CEO of state-controlled Brazilian oil company Petrobras José Mauro Coelho has resigned from his position Monday amid mounting political pressure following last week’s announcements of price increases, writes Reuters.
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