Tag: Brazil fuel prices

• Sunday, February 28th 2021 - 10:35 UTC

  Bolsonaro argues state controlled companies should fulfill a social function

  

  Brazilian President Jair Bolsonaro said that the country’s state-controlled companies should fulfill a social function and any different understanding by their chief executives was unacceptable.

• Wednesday, August 1st 2018 - 08:18 UTC

  Brazil investigating collusion and price fixing at the fuel pump: largest distributors targeted

  

  Brazil’s three largest fuel distribution companies are under investigation for fixing prices at the pump, police said on Tuesday, reigniting debate over potential collusion among gas station owners in Latin America’s largest oil producer.

• Tuesday, August 12th 2014 - 05:44 UTC

  Brazilian government anticipates 6% hike in fuel prices, after October election

  

  Brazilian president Dilma Rousseff admitted on Monday the government could increase domestic fuel prices at refineries by up to 6% after the October presidential election. The increase of 5.5% and 6% is a preliminary calculation and is geared to help prop the finances of the government managed oil and gas giant Petrobras.

• Thursday, August 22nd 2013 - 23:40 UTC

  Brazil fuel prices remain unchanged for now…despite growing losses of Petrobras

  

  Brazil's President Dilma Rousseff has not yet discussed raising gasoline and diesel prices to support state-run oil producer Petrobras, said her spokesperson in response to local media reports on Thursday.