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Brazilian Oil Union Braces for Strike Against Petrobras

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26 July, 2005

Brazils' FUP oil workers' union might call a five-day strike on Petrobras if management of the state-owned company does not provide adequate increases to a profit-sharing plan. Some 38,000 oil workers could take part in the strike that could occur as early as this week. In March, FUP staged a 24-hour strike on the same issue, but that strike was not intended to disrupt production.