Fuel prices (Brazil): what really matters?

By Rafael Herzberg Fuel prices: what really matters?The impression of those who follow the news is that Petrobras’ policy – of pegging its prices – to international quotations would be the great villain of the price at pumps being so high.Of course, the local currency (Real) is devalued and the price of fuels on the international market is currently very high. Combining these two factors, part of the..

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