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New Petrobras CEO in Hot Seat on Fuel Prices With Oil Climbing May 06 2021, 8:22 AM May 05 2021, 9:38 PM May 06 2021, 8:22 AM (Bloomberg) Surging oil futures are set to test a promise by Petrobras’ new chief to keep diesel prices at parity with the international market. (Bloomberg) Surging oil futures are set to test a promise by Petrobras’ new chief to keep diesel prices at parity with the international market. Joaquim Silva e Luna, a former army general with no experience in oil, has said he’ll keep retail prices competitive after Latin America’s largest crude producer lost an estimated $40 billion selling fuel below international levels during the most recent commodities supercycle. But if oil keeps climbing, he’s likely to come under pressure from politically influential truck drivers a critical base of support for President Jair Bolsonaro to start subsidizing diesel once again.

United statesJoaquim silvae lunaJaimin patelJair bolsonaroLatin americaPresident jairCheap fuelEmerging markets faceஒன்றுபட்டது மாநிலங்களில்ஜெய்மின் படேல்ஜெயர் போல்சனாரோலத்தீன் அமெரிக்காப்ரெஸிடெஂட் ஜெயர்மலிவானது எரிபொருள்வளர்ந்து வருகிறது சந்தைகள் முகம்