Brazil's Petrobras says CEO Pedro Parente resigns amid diesel crisis

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Reuters RIO DE JANEIRO
Last Updated : Jun 01 2018 | 8:25 PM IST

RIO DE JANEIRO (Reuters) - Pedro Parente, the chief executive officer of Brazil's state-controlled oil producer Petroleo Brasileiro SA, has resigned his post on Friday after a nationwide trucker strike forced the government to lower diesel prices.

In a statement, the company said the board will choose an interim CEO on Friday and that the company's other top executives will remain.

(Reporting by Alexandra Alper; Editing by Christian Plumb)

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First Published: Jun 01 2018 | 8:18 PM IST

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