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Brazil diesel imports at risk as global prices surge, widening Petrobras pricing gap

Source: reuters.com

Energy Markets & PricesCommodities & Raw MaterialsTransportation & Logistics
Brazil diesel imports at risk as global prices surge, widening Petrobras pricing gap

A renewed rally in international diesel prices has pushed the spread versus Petrobras' domestic pricing to record levels. Independent Brazilian fuel importers are delaying diesel purchases as the widened gap undermines import economics, potentially tightening supply availability and increasing pressure on Petrobras' pricing policy.

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mildly negative

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