Brazil Extends Fuel-Price Relief Two More Months as Oil Stays Volatile

BRAZIL · BUSINESS Key Facts —The extension: Brazil prolonged its emergency fuel-price relief package by two months, to July 31. —What it covers: Subsidies and federal-tax breaks on diesel, biodiesel, aviation kerosene and cooking gas. —Diesel: A subsidy of R$1.12 ($0.22) per liter for refiners and importers takes effect from June 1, consolidating two earlier […] The post Brazil Extends Fuel-Price Relief Two More Months as Oil Stays Volatile appeared first on The Rio Times .