Petrobras Lifts Fuel Prices

Petrobras Lifts Fuel Prices

Petroleo Brasileiro SA is boosting fuel prices as Brazilian President Dilma Rousseff gives the state-run producer some relief from inflation-fighting policies and the lowest oil prices in four years. Petrobras is scheduled to raise its subsidized refinery gate prices for gasoline by 3% and diesel by 5%, Bloomberg reported.

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