Brazil Daily

🛢️😨 D-Day for Petrobras?

Good morning and happy International Women’s Day! Today, we talk about how the government will try to use Petrobras to hold oil prices down. A look at Brazil’s gender equality failures. And new ESG regulations.

Bolsonaro wants a ‘solution’ for oil prices today

With oil prices continuing to rise, pressure has mounted on Petrobras to increase its rates. The company reportedly wants to raise the cost of gas this week, but has been in talks with the government to find a way to do so without overburdening consumers. Fuels represent around 6 percent of families’ expenses, meaning any price hikes...

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