The Rio Times
Key Points — Petrobras is selling diesel at 67-74% below international parity — a gap of R$2.41-R$2.68 ($0.45-$0.51) per liter that has shut down private imports — Diesel imports have fallen roughly 60% year-over-year, while demand is rising on the soybean harvest — creating a supply squeeze the ANP is now racing to contain — […] The post Brazil’s Diesel Sells 74% Below World Price as Shortage Looms appeared first on The Rio Times .
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