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Brazil: 3rd gasoline rate cut in much less than a thirty day period

Brazilian state-owned oil enterprise Petrobras claimed it will lower gasoline prices by 4.9% from tomorrow, Tuesday, the third reduction in a lot less than a month after slipping world wide oil costs.

The company additional on its site that it will minimize charges to an common of 3.53 riyals ($ .6939) for every liter from 3.71 riyals, to reach their lowest stage since mid-March.

Brazil: third gasoline price cut in less than a month



Brazil requirements to decrease gasoline rates to control large inflation.

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