Gasoline Price at Pumps Could Tumble Amid Oil Producing Giants’ Clash

While the raw material has accumulated a drop of approximately 13 percent in Brazilian refineries this year, the price at the pump has decreased by only 0.5 percent.

RIO DE JANEIRO, BRAZIL - The steep drop in crude oil prices on Monday, March 9th, could spur a reduction in gasoline prices at Brazilian filling stations, considerably different from the prices now practiced by Petrobras.

The scenario is a reflection of the feud that erupted over the weekend between two commodity giants, Russia and . . .

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