Share on StockTwits

The Brazilian government could hike domestic fuel prices at refineries by up to 6 percent after the October presidential election. The hike of between 5.5 and 6 percent is a preliminary calculation and aims to help state-run oil company Petrobras. President Dilma Rousseff has kept fuel prices below international levels in a bid to curb above-target inflation.

“Exclusive: Brazil May Hike Fuel Prices By Up To 6 Percent – Source” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.