UPDATE 1-Petrobras says new fuel price method to reduce debt
October 28, 2013 at 12:43 PM EDT
RIO DE JANEIRO, Oct 28 (Reuters) - A new fuel-pricing plan at state-run oil company Petrobras will make the timing of Brazilian gasoline and diesel price adjustments clearer, boosting cash generation and cutting debt levels, Chief Financial Officer Almir Barbassa said on Monday.
