Government Takes Stock of Actions to Brake High in Fuel ...
29 Articles
29 Articles
The federal government announced on Monday (28) new measures to try to contain abusive increases in fuel prices. Shares include more post and distributor controls and fines that can reach R$ 500 million for certain offences related to abusive increases (understand below). According to the government, the measures are a response to high international oil prices, amid the prolongation of conflicts in the Middle East.
Brazilian measures include the maintenance of a subsidy of R$ 2.12 (about 40 cents) per litre of diesel. The Brazilian government announced Monday that it reinforced the measures to contain possible “busive” increases in fuel in the face of the volatility of international oil prices caused by the conflict between the United States and Iran, according to Planning and Budget Minister Bruno Moretti. According to Moretti, the government does not see…
Fighting abusive prices. The federal government strengthened surveillance to contain the high fuel price across the country and imposed a fine of up to R$ 500 million for companies that are charging above the acceptable. The new punishments began after a provisional measure that came into force last Friday, 25 of [...]
The federal government has increased from R$ 14 million to R$ 500 million the maximum value of the fine applied to companies that practice abusive prices of gasoline, diesel or ethanol. The new rule reaches importers, producers, distributors, carriers and owners of fuel stations.The measure was included on Friday, 25, to a provisional measure dealing with debt renegotiation.The punishment can be applied both to companies that promote increases c…
Brazilian measures include maintaining a subsidy of R$ 2.12 (about 40 cents) per litre of diesel.
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