Brazil's Petrobras to cut natural gas prices by 8.1%

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Brazil's Petrobras to cut natural gas prices by 8.1%
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Brazilian state-run oil company Petrobras said on Monday it will cut natural gas prices by an average 8.1% starting May 1 when compared with the February-April quarter.

said on Monday it will cut natural gas prices by an average 8.1% starting May 1 when compared with the February-April quarter. Petroleo Brasileiro SA, as the company is formally known, said in a securities filing that the cut comes in line with global oil prices and foreign exchange rates.

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