May 25, 2018 / 12:19 PM / 5 months ago

Brazil's Petrobras cuts gas prices as truckers strike continues

SAO PAULO, May 25 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA will cut gasoline prices by 0.32 percent to 2.0096 reais ($0.551) per liter, its fourth consecutive cut, the company said on its website on Friday.

The price decrease comes amid a large truckers' protest demand lower fuel prices in Brazil, which has paralyzed many industries.

$1 = 3.65 reais Reporting by Gram Slattery Editing by Chizu Nomiyama

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