This is Brazil by the Numbers, a weekly digest of the most interesting figures tucked inside the latest news about Brazil. Random numbers that help explain what is going on in Brazil. This week: oil, lottery, impeachment, football. And more.
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4.39 percent
On the first day of trading after the drone strike on a major Saudi oil processing plant, stocks of Brazil’s state-owned oil company Petrobras shot up 4.39 percent on Monday. A spike in Brent oil prices (the biggest intraday increase in history) raised expectations that Petrobras would decide to alter its pricing policy. This was later denied by President Jair Bolsonaro and the state-owned firm, but on Wednesday Petrobras confirmed it would increase the price of diesel in refineries by 4.5 percent, causing gains in share prices to level out. Over the week, Petrobras stock increases added up to 1.08 percent. Experts believe that the increase in fuel costs at gas stations following the rise in international oil prices will be roughly 0.9 percent in Rio de Janeiro and 1.1 percent in São Paulo.
2 Freudian slips
During an appearance on round-table interview show “Roda Viva” on Monday night, former President Michel...
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