Brazil’s state-controlled oil giant Petroleo Brasileiro SA is reducing domestic diesel prices starting Monday as part of a government subsidy program to shield consumers from the war in the Middle East.
Macro Bloomberg May 31, 2026
Petrobras Cuts Diesel Prices Amid Federal Subsidy Plan
Brazil’s state-controlled oil giant Petroleo Brasileiro SA is reducing domestic diesel prices starting Monday as part of a government subsidy program to shield consumers from the war in the Middle East.
