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Tag: gasoline

RIO DE JANEIRO, BRAZIL  - Brazilian drivers have been recently faced with a "Sophie's choice". Those who refuel with alcohol and gasoline realize that the reality of production and tax collection on fuels are turning the prices increasingly impractical. And...
BRAZIL, RIO DE JANEIRO  – This week Uber is planning to launch its Initial Public Offering (IPO) which is set to be one of the biggest events of 2019 for market investors worldwide. However, many Uber drivers are also...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Sixteen days after the closing of the border between Venezuela and by Venezuela’s leader, Nicolas Maduro, the economy of border town Pacaraima, in the state of Roraima, is already...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Faced with dwindling revenues, Brazil’s federal government decided to raise fuel taxes. The government’s objective is to raise R$10.4 billion with the additional levy and meet the primary deficit fiscal...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The state-owned oil giant of Brazil, Petrobras, announced on late on Wednesday (June 14th) a reduction of gasoline and diesel prices at its refineries. Gasoline prices will be reduced by...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s oil giant, Petrobras, announced on Monday (December 5th) night, it was increasing the prices of gasoline and diesel at its refineries. The increase, scheduled to take effect on Tuesday,...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – This week the government announced it had authorized the increase of gasoline and diesel fuel prices at Petrobras’ refineries. The price increase will vary from four percent for diesel to...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL - The IPCA (Consumer Price Index) for the month of February registered an increase of 1.22 percent, according to the IBGE (Brazilian Statistics Bureau). This is the highest rate for the...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – An agreement between the Brazilian government and the country’s automotive and sugar-ethanol industry will increase the blend of ethanol in gasoline from 25 percent to 27 percent starting February 15th....

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