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Brazil Fuel Import Group to File Antitrust Complaint against Petrobras Pricing

RIO DE JANEIRO, BRAZIL - A Brazilian association of private fuel importers known as Abicom plans to file a complaint against the pricing policy of state-controlled oil firm Petróleo Brasileiro SA, the head of the group said in a note on Friday, January 8th.

Abicom's president Sergio Araujo said Petrobras, as the firm is known, is selling gasoline and diesel below international prices, which would violate a commitment made by the company with regulators. Petrobras did not immediately respond to a request to comment . . .

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