Will the Bolsonaro administration use its majority on the Petrobras board to stabilize diesel prices in Brazil?


RIO DE JANEIRO, BRAZIL – The federal government wants to keep Petrobras’ diesel oil prices stable in the future. This would be done through the board of directors of the state-owned company, where the Union has 6 of the 11 seats, writes Poder360 newspaper in its latest report.

According to the newspaper, the aim is to force a discussion on the social function of Petrobras, by recognizing that the war in Ukraine has created an unstable environment . . .

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