Trade between Arabs and Brazilians in 2021 reached USD 24.25 billion. The UAE took over as the leading destination for Brazilian products.
Browsing: fuels
With Petrobras unprepared to attend the demand for gasoline and diesel in November, the Brazilian market could seek products overseas to avoid shortages.
Twenty-five percent of the fuel the country uses now comes from renewable sources. The goal is to reach 2030 with a 30% share.
Brazilian state-owned company announced a 3% reduction in diesel and gas prices, but the change might take a while to reach the consumer.
Brazilian president said that, although prices are high, they tend to remain stable, despite the US strike in Iraq last Friday.
State’s government announced a reduction from 25% to 12% in the ICMS aliquot charged on the fuel.
