Lower gasoline prices in Brazil caused a 40% drop in sales in Uruguayan border cities
The impact of the massive increase in oil prices due to the war between Ukraine and Russia turned on a...
July 26, 2022Topic
gasoline Brazil
Brazilian Senate approves bill to cap state VAT on fuel to make driving affordable
the Brazilian Senate approved the bill (Supplementary Law Project - PLP) 18/2022, which limits the application of the Tax on...
June 14, 2022
Brazil is self-sufficient but imports oil because it doesn’t build refineries
Brazil is self-sufficient in petroleum: it produces a daily average of 3 million barrels of oil, a volume more than...
May 20, 2022
Brazil: Average gasoline price hits record high, liter costs US$1.43
The price of gasoline rose for the 4th consecutive week at the pumps, according to data from Brazil's National Agency...
May 7, 2022
Brazil is self-sufficient, but how much further to become an oil giant?
Brazil has been considered self-sufficient in oil since 2015 when the country started producing more than it consumes.
March 30, 2022
Brazil: Petrobras raised gasoline prices by 18% and diesel by 25%
Even with the increase, the estimated lag in gasoline prices remains at 20%, compared to 31.6% previously; in diesel, it...
March 10, 2022
Escalating oil prices are the main threat to Brazil
The first analyses of the consequences for Brazil of the conflict between Russia and Ukraine point to an almost immediate...
February 24, 2022