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Brazil’s Petrobras cuts diesel prices in response to falling crude prices
Brazil’s Petrobras cuts diesel prices in response to falling crude prices
  • Petrobras will reduce diesel prices by 0.12 real per liter starting Friday, responding to market changes.
  • The price cut reflects falling Brent crude oil prices and exchange rate fluctuations.
  • Experts consider the move conservative, suggesting Petrobras could have cut up to 0.30 real.
Petrobras, Brazil’s state-run oil giant, has announced that the price of diesel sold to distributors will be reduced by an average of 0.12 real ($0.0205) per litre beginning Friday. According to Reuters, the move follows recent drops in global oil prices and comes only two weeks after US President Donald Trump announced tariffs on several […]
April 17, 2025
IMF Chief warns of economic uncertainty amid US-China-EU trade tensions
IMF Chief warns of economic uncertainty amid US-China-EU trade tensions
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Crypto prices today: BTC stuck below $85K, XRP down 1.4%
Crypto prices today: BTC stuck below $85K, XRP down 1.4%
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