UPDATE 1-Petrobras delays cuts to July when govt meets for oil plan- sources
June 16, 2015 at 16:54 PM EDT
RIO DE JANEIRO, June 16 (Reuters) - Brazil's state-run oil company Petrobras will likely delay details of major cuts to its $221 billion five-year spending plan until July, two sources said, when the government plans to announce a rescue program for the industry.
