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Petrobras (PBR +1%) oil workers approve the company's latest wage offer and sign a new labor...
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Tuesday, October 16, 2012, 12:17 PM ETPetrobras (PBR +1%) oil workers approve the company's latest wage offer and sign a new labor deal, averting a potentially damaging strike at a delicate time. Offshore platform maintenance has undercut crude oil output this year, while heavy fuel imports have undercut earnings; the differences between PBR and oil workers also highlighted a rising number of labor disputes in Brazil.
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