Markets

Brazil fuel, lubricant imports surge 57pc in July

Published August 1, 2017 Updated August 1, 2017 10:24pm

Gasoline imports rose 9.3 percent to $115 million, the trade ministry data showed.

The rise came after Petroleo Brasileiro made its diesel and gasoline pricing scheme more flexible in June in an effort to regain market share lost to other companies that were boosting imports to Brazil.

 

Copyright Reuters, 2017