Brazil Weekly

Senators want to force Petrobras to change its pricing policy

Hello! We’re back after the Proclamation of the Republic holiday. Today, senators are considering a bill that would change Petrobras’ pricing policy. Bolsonaro’s decision to join a new party not as clear-cut as once thought. 

Senate plans Petrobras intervention

petrobras pricing policy
Photo: Donatas Dabravolskas/Shutterstock

The Senate’s Economic Affairs Committee will begin deliberations today on a bill to alter Petrobras’ pricing policy. Fuel prices of the Brazilian oil giant have been pegged to international rates since 2016, which...

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