Brazil Raises Fuel Tax to Meet Annual Primary Fiscal Target
The government’s objective is to raise R$10.4 billion with the additional levy and meet the primary deficit fiscal target of...
July 21, 2017Topic
gasoline
Petrobras of Brazil Decreases Gasoline Prices 2.3% and Diesel 5.8%
Gasoline prices will drop by 2.3 percent while diesel prices will be reduced by 5.8 percent which should lead to...
June 15, 2017
Brazil’s Petrobras Announces Hikes in Fuel Prices
The increases in gasoline and diesel prices are part of Petrobras' new fuel price policy to maintain international price parity...
December 6, 2016
Brazil Fuel Price Hikes Likely to Pressure Inflation
Fuel prices will add 0.2 percentage points to inflation but primary concern continues to be devaluation of Brazilian real.
October 2, 2015
Brazil’s Inflation Rate for February Highest Since 2005
Gasoline price increases were responsible for one fourth of the IPCA inflation rate increase during the month.
March 6, 2015 Brazil May Increase Ethanol Blend in Gasoline to 27 Percent
The increase of two percent of ethanol in regular gasoline will increase the demand for ethanol by more than one...
February 3, 2015 Petrobras Increases Prices of Gasoline, Diesel Fuel at Refineries
The increase in fuel prices is an attempt by the government to decrease Petrobras' multi-million debt.
November 7, 2014
Petrobras Concerns Despite Q4 Surge
Government-imposed price caps on fuel sold in Brazil continue to cause difficulties for Petrobras, despite a surge in income during...
February 12, 2013
Petrobras Reports Weak Q3 Profits
Profits at Brazil’s state-led oil company, Petrobras, fell twelve percent during the three months ending September 30th compared to the...
October 30, 2012