06 August 2017, Rio De Janeiro — Brazilian state-controlled oil firm Petróleo Brasileiro SA has reduced prices for the gasoline it sells in Brazil to below parity with the fuel imported from the United States, reducing profit margins to regain market share. Petrobras, as the company is commonly known, has sharply reduced the price gap […] More »
Petrobras cut gasoline prices below import parity to regain market
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