Lula Presses Petrobras CEO on Fuel Prices Amid Brazil Inflation Fight
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Lula and some in his administration have pushed Petrobras CEO Prates to align more with government's efforts to fight inflation and boost economy.
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Prates faces challenges balancing Petrobras' interests with those of a government battling economic headwinds.
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Fuel prices play a major role in Brazil's inflation rate as central bank weighs future rate cuts.
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Prates has rejected calls to lower fuel prices, saying Petrobras will make adjustments only when technical guidelines suggest need.
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Lula has urged Petrobras to focus next 5-year business plan more on domestic job creation over foreign suppliers.