Tag: fuel price

RIO DE JANEIRO, BRAZIL - Ecuadorian President Guillermo Lasso announced Sunday that he would lower the prices of frozen fuels by ten cents. The measure is intended to meet one of the main demands of the protests against his...
RIO DE JANEIRO, BRAZIL - Latin America's largest oil company, Petrobras, is majority-owned by the Brazilian state but regularly defies the explicit wishes of its majority shareholder regarding fuel pricing. That is why the Planalto Palace is focused this Tuesday...
RIO DE JANEIRO, BRAZIL -  The average price of gasoline in Brazil reached a record last week: R$7.27 per liter. S10 diesel was the second highest on record: R$6.73. The data comes from the ANP (National Agency for Petroleum,...
RIO DE JANEIRO, BRAZIL - Using the US dollar as a reference, in Uruguay, the average value of gasoline is US$1.60, while in Chile, it reaches US$1.29 per liter. Additionally, the Latin American Center for Economic and Social Policy...
RIO DE JANEIRO, BRAZIL - Brazilian states recalculated in R$32 (US$6) billion the size of their collective losses under the bill that changes the way ICMS (a Value Added Tax on the transfer of goods) is charged to mitigate...
RIO DE JANEIRO, BRAZIL - The Government of Uruguay Monday announced a 12% increase in fuel price due to the increase in the international value of oil, a product that Uruguay imports 100%. “The Government evaluated the situation of the...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Petrobras CEO Roberto Castello Branco announced an increase of R$0.10 per liter of diesel at refineries. The 4.84 percent increase is lower than the 5.7 percent the company announced and...

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