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0 0.000513610683102106 0.0025680534155109 0.0015408320493065 0.0015408320493065 0.0015408320493065 0.0015408320493065 0.0015408320493065
Stock impact report

Brazil diesel subsidy program threatens Petrobras, market -FCStone [Yahoo! Finance News]

Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR.A) 
US:NYSE Investor Relations: investidorpetrobras.com.br/en
Brazil could face a diesel shortage at the end of 2018 or state-controlled oil company Petroleo Brasileiro SA may be forced to eat losses on fuel sales thanks to a diesel subsidy program, analyst and broker INTL FCStone said on Tuesday. The program, unveiled in May to halt a truckers' strike over rising diesel prices, set prices too low and has yet to pay out compensation to most diesel importers, FCStone said in a statement. "Private imports are paralyzed, and Petrobras is practically the only agent bringing the product to Brazil," FCStone said. Show less Read more
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