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Published 2 years ago

Latin American Oil Giants Struggle With Fuel Costs, Debt, And Pipeline Explosions

Summary by Ground News
Brazil's state-run oil company, Petrobras, raised gasoline and diesel prices on Wednesday. The move comes in line with fluctuations in global markets, the company said. Venezuela is reportedly ready to resume exports of diluted crude for the first time in months. Mexico's government is determined to get state oil giant Pemex back on its feet, with the company slashing its debt by $3.2 billion.

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