16.5 C
New York
Monday, November 18, 2024

Brazil’s Petrobras to End Market-Friendly Fuel Pricing

SÃO PAULO—Brazil’s state-controlled oil giant, Petrobras, said it would end its yearslong policy to peg the cost of fuel to international prices, dealing a blow to investors as the leftist government of President Luiz Inácio Lula da Silva looks to control inflation. Petróleo Brasileiro, known as …

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

156,483FansLike
396,312FollowersFollow
2,320SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x