Brazil raises fuel prices for the first time since 2008, effective next Monday

Sunday, June 24th 2012 - 02:49 UTC

Full article 4 comments

Brazil's state managed oil company Petrobras said it will raise gasoline and diesel prices for the first time since 2008, a move aimed at ending refining losses and paying for the world's largest corporate spending plan. Read full article

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ChrisR
Well done, Chief Executive Maria das Graças Foster. Glad you managed to overcome the Dark Side of the Force (see below).

Dilma needs to rid herself of Finance Minister Guido Mantega, who is also chairman of Petrobras' board of directors and Energy Minister Edison Lobão, who between them know nothing about finance and sod all about a dynamic energy business.

Get yourself a better financial advisor Dilma, this creep Mantega is locked in the past.
Jun 24th, 2012 - 04:14 pm - Link - Report abuse 0
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Forgetit87
Just out of curiosity, why do you comment so much on Brazil news, ChrisR?
Jun 25th, 2012 - 01:08 am - Link - Report abuse 0
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AmericanLight
I just got gas at 3.09 a gallon... Thank God is going down....Hope it s cheaper for the 4th of July week
Jun 25th, 2012 - 04:05 am - Link - Report abuse 0
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ChrisR
2 Forgetit87

I live in Uruguay and the performance of Brasil's economy is of paramount importance.

Also, you don't get many numbnutted Malvinistas on there. :o)
Jun 25th, 2012 - 11:47 am - Link - Report abuse 0
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