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By Lise Alves, Contributing Reporter

SÃO PAULO, BRAZIL – The petroleum sector trade balance in Brazil registered a deficit of R$6.059 billion during the period from January to April of 2014, according to the nation’s Ministry of Development, Industry and Foreign Trade (MDIC). The result, however, is better than that registered during the same period last year, when the difference between the import and export of petroleum and derivatives was negative by R$8.519 billion.

Without the petroleum-account deficit Brazil’s trade balance, currently negative by US$5.56 billion for the year, would be . . .

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