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2 results for “oil royalties”
PROMarkets• Sep 07
Oil Nearing $100 Creates Double-Edged Sword for Brazil's Economy and Petrobras
Global oil's surge toward $100/barrel delivers a fiscal windfall to Brazil and Petrobras but threatens to reignite domestic inflation.
PROPolitics• Aug 14
Brazil Congress Approves Sweeping Fuel Tax Relief, Linking Fiscal Health to Oil Windfall
Brazil's legislature approved a major fuel tax cut, offsetting revenue loss with increased oil royalties to fight inflation.