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Brazil’s gasoline pump prices per liter close to world average

RIO DE JANEIRO, BRAZIL - The data are from Global Petrol Prices, a tool that monitors fuel and energy prices in 168 countries on a weekly basis, based on official indicators. This report uses an exchange rate of R$5.643 per US$1.00.

It points out that, although the cost of oil on the international market is the same for all, the prices charged by each country are influenced by different taxes and subsidies, as well as by fluctuating currency against the US dollar.

The cheapest prices found by the survey are in two members of the Organization of . . .

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