Exclusive: Brazil May Hike Fuel Prices By Up To 6 Percent – Source
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.
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