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3 results for “diesel subsidy Brazil”

Brazil Launches R$ 5.2 Billion Fuel Subsidy Ahead of Runoff
Markets• 3h ago

Brazil Launches R$ 5.2 Billion Fuel Subsidy Ahead of Runoff

President Lula's administration eliminates gasoline taxes and boosts diesel subsidies to contain rising global oil prices just weeks before the presidential election.

Lula’s Pre-Election Policy Swings Signal Heightened Governance Risk in Brazil
Politics• Sep 26

Lula’s Pre-Election Policy Swings Signal Heightened Governance Risk in Brazil

The Lula administration used aggressive executive action on betting and diesel subsidies just before the October election, increasing policy uncertainty.

Petrobras Price Hike Fully Absorbed by New Diesel Subsidy, Total Government Fuel Aid Nears R$10 Billion
Markets• Sep 19

Petrobras Price Hike Fully Absorbed by New Diesel Subsidy, Total Government Fuel Aid Nears R$10 Billion

Brazil's state-controlled oil company raised diesel prices by R$1.00/liter, but a new government subsidy immediately offset the increase.