Brasilia, Jun 20 (Prensa Latina) The president of the Brazilian mixed-economy oil company Petrobras, José Mauro Coelho, resigned today in the face of new criticism from the far-right leader, Jair Bolsonaro, for the rise in fuel prices.
Brazilian President Jair Bolsonaro Friday said the state-run oil company Petrobras profits were “irrational” in the current global scenario following a 14% increase in the price of diesel fuel and 5% in naphtha.
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Brazilian Economist Adriano Pires has turned down President Jair Bolsonaro s offer to chair the state-run oil company Petrobras after dismissing General Joaquim Silva e Luna, who repeatedly adjusted the price of fuel against the head of state s recommendations.