BRASILIA, March 8 Brazil's state-run oil company
Petroleo Brasileiro SA is "completely confident" its
financial reporting is in line with regulation, the company's
chief financial officer said on Wednesday, after Brazil's CVM
market regulator questioned its hedging practices.
Chief Financial Officer Ivan Monteiro told reporters
Petrobras would appeal the CVM decision and will continue to
adopt the same accounting practices, including when it publishes
fourth quarter results on March 21.
(Reporting by Stephen Eisenhammer and Marta Nogueira; Editing
by Bernard Orr)