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2 results for “Brazil fuel subsidy

Brazil’s Fuel Subsidy Tab Hits R$9.9 Billion as Petrobras Stabilizes Diesel Price Ahead of Election
MarketsSep 20

Brazil’s Fuel Subsidy Tab Hits R$9.9 Billion as Petrobras Stabilizes Diesel Price Ahead of Election

State-controlled Petrobras confirms R$9.9 billion in government subsidies to cap fuel prices, highlighting political risk before the October election.

Brazil Opens $1.3 Billion Fuel Subsidy to Shield Consumers from Global Oil Shock
MarketsSep 09

Brazil Opens $1.3 Billion Fuel Subsidy to Shield Consumers from Global Oil Shock

President Lula signs Provisional Measure for R$6.6 billion in subsidies to stabilize diesel prices and fight inflation.