Brazil: Gasoline has doubled in price since 2016

For more than five years, the fuel has followed the price of a barrel of oil quoted in dollars on the international market.

RIO DE JANEIRO, BRAZIL - Drivers who fill up with regular gasoline pay 99% more in Brazil since the implemented change in 2016 when Petrobras adopted the Import Parity Price (PPI) to price fuels in Brazil.

A survey by the Petrobras Social Observatory shows that the . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?